an enquiry into the nature and causes of wealth of nations
The Wealth of Nations An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets.
Environmental governance Public goods are non-rivalrous—a natural resource enjoyed by one person can still be enjoyed by others—and non-excludable—it is impossible to prevent someone consuming the good (breathing). Nevertheless, public goods are recognized as beneficial and therefore have value. The notion of a global public good thus emerges, with a slight distinction: it covers necessities that must not be destroyed by one person or state.