Who is known as the Scottish economist that wrote "The Wealth of Nations"?

The Scottish economist renowned for writing "The Wealth of Nations" is Adam Smith. Published in 1776, this work laid the foundation for classical economics and introduced key concepts such as the division of labor, the benefits of free markets, and the idea that individuals pursuing their own self-interest can lead to economic prosperity for society as a whole. Smith argued against mercantilism and emphasized the importance of competition and the invisible hand that guides economic activity. His insights into market dynamics, trade, and wealth distribution have profoundly influenced economic thought and policy ever since.

The other figures listed, such as David Ricardo, John Maynard Keynes, and Karl Marx, are significant economists in their own right, but their contributions came later and focused on different aspects of economic theory and practice.