The Wealth of Nations is a clearly written account of economics at the dawn of the Industrial Revolution. The work was a landmark work in the history and economics as it was comprehensive and an accurate characterization of the economic mechanisms at work in modern economics. Smith believed in a Meritocracy. Smith emphasized the advancement that one could take based on their will to better themselves. This is simply one of the most important books ever written on the subject of economics. All five books are included here.
Adam Smith was born in Scotland, in 1723, and received his early education at the local burgh school. He subsequently attended Glasgow University (1737-1740), and Balliol College, Oxford (1740-1746). Two years after his return to Scotland, Smith moved to Edinburgh, where he delivered lectures on Rhetoric. In 1751 Smith was appointed Professor of Logic at Glasgow, but was translated to chair of Moral Philosophy in 1752. The Theory of Moral Sentiments was published in 1759, and The Wealth of Nations in 1776, the same year as the Declaration of Independence.