Adam Smith is to economics as Isaac Newton is to physics, but there are problems.
The Greatest Book’s Ranking: #98/100
I made a deal with myself: when reading a book, it was okay not to finish and acceptable to skip less intriguing parts. I’m a drill master with much of my life as I timely complete things, seeing them through till the end. I was worried if I would feel satisfied taking this nonchalant attitude towards reading and whether it would effect what I could imbibe from it.
Consider me converted! Maybe I should be more shiftless with the other parts of my life (except my social life — I got that down).
The Wealth of Nations is one of those seminal books that as you read it, images of others pop into your head: founding fathers, economic professors, entrepreneurs. This book is endless, edifying prose explaining the basics of capitalism. It lays out the foundations for many principles that, just through observation, Adam Smith was able to uncover. With that said, he was someone writing in 1700s; I think he got a few things “wrong,” and he occasionally speaks out of both sides of his mouth.
And yes, you can skip many of the 700 pages and still be alright.