Smith’s genius was linking human psychology to economics. He argued that humans have a natural "propensity to truck, barter, and exchange." Unlike political thinkers of his time, he did not believe that a nation’s wealth came from gold reserves (mercantilism). Instead, he argued that wealth comes from .
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In the world of economic literature, few works have stood the test of time as definitively as Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations (commonly known in the Balkans as Bogatstvo naroda ). First published in 1776—the same year as the American Declaration of Independence—this book laid the very foundation of classical economics. Smith’s genius was linking human psychology to economics
| Edition | Publisher | Language | Pros | Cons | | :--- | :--- | :--- | :--- | :--- | | | Akademska knjiga (Novi Sad) | Serbian (Latin) | Modern translation, footnotes, large font | Large file size (15 MB) | | Školska knjiga, 2020 | Školska knjiga (Zagreb) | Croatian | Ijekavian dialect, excellent preface by Jakov Sirotković | Expensive ($30) | | Buybook, 2021 | Buybook (Sarajevo) | Bosnian/Serbian | Cheap PDF option (€5) | No bookmarks in the PDF | | Public Domain Scan | N/A | English | Free | Old spelling, no search, bad on phones | Search for: adam smit bogatstvo narodapdf new In