The Wealth Of Nations

Foundational work in economics by Adam Smith, 

Such an influential book was first published in 1776. 

Smith says the role of self-interest as a motivator for economic activity,

Pursuing self-interest contributes to the general prosperity of society.

Smith introduces the concept of the "invisible hand,"

Individuals pursuing their own self-interest of his things in hand.

It contributes to the overall economic well-being of society,

Though he or she pursues own self-interest

 unintentionally.

Along with self-interest, Smith recognizes a sense of moral duty,

Individuals should contribute to the welfare of society.

Smith contributes to the labor theory of value, 

Amount of labor for production is related to the value of a good or service.

Specialization and the efficient allocation of resources,

Called Division of Labour, productivity, and economic growth increase.

minimal government intervention allows markets to operate freely,

Contributes to the public good pursuing self-interest in the end collectively.

Market forces like supply and demand, determine prices,

Information about scarcity and value in a market is obtained by prices. 

The book says the factors that contribute to the creation of wealth, 

Emphasizes the importance of productive labor, capital & investment.

Along with limited state intervention, Smith recognizes,

The state has a role in providing public goods, maintaining justice & preventing monopolies.