Adam Smith's "The Wealth of Nations" at 250: Enduring Lessons on Trade and Wealth

Adam Smith's seminal work, "The Wealth of Nations," published 250 years ago, remains influential in economic debates today. The book advocates free trade and critiques protectionism, drawing parallels with modern policies like President Trump's "America First" approach. While Smith is often seen as a proponent of free markets, he also supported wealth redistribution, suggesting the rich should contribute more to public expenses. Scholars continue to debate his true stance, viewing him as both a capitalist pioneer and an early progressive thinker.