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jan 1, 1776 - Wealth of Nations

Description:

The wealth of nations by Adam Smith is one of the most influential and important writings of the enlightenment ear and summated the newly forming ideas about economics and freedom. In his book Adam Smith highlights ideas like the free market and divisions of labor and would be the first major writing examining how exactly nations develop wealth. This would be a cornerstone of economic theory for the next 150 years and is the foundation of capitalist theory to this day. The publish of Wealth of Nations marked the foundation of modern economics and a major accomplishment of the enlightenment era.

Added to timeline:

15 Nov 2019
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Date:

jan 1, 1776
Now
~ 250 years ago

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