Adam Smith’s The Wealth of Nations is one of the most important books ever
written. Smith recognised that economic specialisation and cooperation was the
key to improving living standards. He shattered old ways of thinking about
trade, commerce and public policy, and led to the foundation of a new field of
study: economics.
And yet, his book is rarely read
today. It is written in a dense and archaic style that is inaccessible to many
modern readers.
In The
Condensed Wealth of Nations, Eamonn Butler condenses Smith’s work and
explains the key concepts in The Wealth
of Nations clearly. It is accessible and readable to any intelligent layman.
This book also
contains a primer on The Theory of Moral
Sentiments, Smith’s other great work that explores the nature of ethics.