Thomas Jefferson

Wealth of Nations

Wealth of Nations Book

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What is the Wealth of Nations?

An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.

Thomas Jefferson

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How did Thomas Jefferson use the Wealth of Nations?

Thomas Jefferson used three topics to classify the title within his own subject categories. These three subjects are: History-Civil-Civil Proper-Antient-Antient History; Philosophy-Moral-Oeconomical-Commerce; Philosophy-Moral-Oeconomical-Politics-General Theory. Jefferson made use of Smith's work and frequently quoted from it on the subjects of banks and paper money. Jefferson said that in political economy, Adam Smith's wealth of nations is the best book. Thomas Jefferson used this book to go further into subjects of money and commerce.