There are three elements that are particularly significant in identifying the causes of prosperity in a country. These are the division of labor, the nature of wages, and foreign markets. But how do these three factors actually work to increase wealth? Watch Macat’s short video for a great introduction to Adam Smith’s The Wealth of Nations, one of the most important economics books ever written.
Macat’s videos give you an overview of the ideas you should know, explained in a way that helps you think smarter. Through exploration of the humanities, we learn how to think critically and creatively, to reason, and to ask the right questions.
Critical thinking is about to become one of the most in-demand set of skills in the global jobs market.* Are you ready?
Learn to plan more efficiently, tackle risks or problems more effectively, and make quicker, more informed and more creative decisions with Macat’s suite of resources designed to develop this essential set of skills.
Our experts have already compiled the 180 books you feel you should know—but will never have time to read—and explained them in a way that helps you think smarter. Dip in and learn in 3 minutes or 10 minutes a day, or dive in for 3 hours, wherever you are on whatever device you have.
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Find out more about critical thinking: www.macat.com/blog/what-is-critical-thinking
*Source: WEF report Jan 2016 – “The Future of Jobs report”
Tagged under: Adam Smith,The Wealth Nations,Economics,Introduction
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