Wealth of NationsCosimo, Inc., 2007 M11 1 - 596 páginas Adam Smith revolutionized economic theory with his 1776 work An Inquiry to the Nature and Causes of the Wealth of Nations. He proposed rules governing labor, supply, and demand; and describes division of labor, stockpiling of wealth, lending, and interest. Smith also discusses how economies lead to opulence. Wealth of Nations also offers a defense for free-market capitalism. This edition of Wealth of Nations is an abridged version edited by Harvard economics professor CHARLES JESSE BULLOCK (1869-1941) and published in 1901 by Harvard Classics, a series that offered the essential readings for anyone who wanted the functional equivalent of a liberal arts education. Any student of economics should be familiar with the concepts and laws that Smith developed, as much of economic theory is still based upon his work. Scottish economist and philosopher ADAM SMITH (1723-1790) helped set standards in the fields of political economics and moral philosophy, playing a key role in the early development of the scholarship of economics. His other writings include Essays on Philosophical Subjects. |
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Página 24
... ordinary market town is scarce large enough to afford him constant occupation . In the lone houses and very small villages which are scattered about in so desert a country as the Highlands of Scotland , every farmer must be butcher ...
... ordinary market town is scarce large enough to afford him constant occupation . In the lone houses and very small villages which are scattered about in so desert a country as the Highlands of Scotland , every farmer must be butcher ...
Página 42
... ordinary price of that necessary of life . The average or ordinary price of corn again is regulated , as I shall likewise endeavour to show hereafter , by the value of silver , by the richness or barrenness of the mines which supply the ...
... ordinary price of that necessary of life . The average or ordinary price of corn again is regulated , as I shall likewise endeavour to show hereafter , by the value of silver , by the richness or barrenness of the mines which supply the ...
Página 43
... ordinary transactions of human life . At the same time and place the real and the nominal price of all commodities are exactly in proportion to one another . The more or less money you get for any commodity , in the London market , for ...
... ordinary transactions of human life . At the same time and place the real and the nominal price of all commodities are exactly in proportion to one another . The more or less money you get for any commodity , in the London market , for ...
Página 48
... ordinary or average price . When , on the other hand , they import less than is wanted , they get something more than this price . But when , under all those occasional fluctuations , the market price either of gold or silver bullion ...
... ordinary or average price . When , on the other hand , they import less than is wanted , they get something more than this price . But when , under all those occasional fluctuations , the market price either of gold or silver bullion ...
Página 57
... orders of people , its ordinary or average value must either annually increase , or diminish , or continue the same from one year to another . CHAPTER VII OF THE NATURAL AND MARKET PRICE OF COMMODITIES COMPONENT PARTS OF PRICE 57.
... orders of people , its ordinary or average value must either annually increase , or diminish , or continue the same from one year to another . CHAPTER VII OF THE NATURAL AND MARKET PRICE OF COMMODITIES COMPONENT PARTS OF PRICE 57.
Contenido
7 | |
19 | |
36 | |
and Stock | 105 |
50 | 153 |
BOOK II | 221 |
Stock of the Society or of the Expence of Maintaining | 233 |
Of the Accumulation of Capital or of Productive and Unpro | 270 |
Of Restraints Upon the Importation from Foreign Countries | 348 |
Of the Extraordinary Restraints upon the Importation of Goods | 370 |
Of Drawbacks | 389 |
Of Treaties of Commerce | 407 |
Of Colonies | 414 |
Conclusion of the Mercantile System | 424 |
Of the Agricultural Systems or of the Systems of Political | 446 |
BOOK V | 468 |
Of Stock Lent at Interest | 291 |
Of the Different Employment of Capitals | 301 |
CHAP | 319 |
Of the Sources of the General or Public Revenue of the Society | 489 |
Of Public Debts | 574 |
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Términos y frases comunes
advantage afford altogether annual produce artificers balance of trade bank bank of England bounty Britain capital carried cattle cent cheaper circulating capital circulation coin commerce commodities commonly consequence considerable consumed corn cultivation dealers declension diminish division of labour duties employed employment England equal Europe exchange exchangeable value expence exportation farmer favour foreign trade France frequently gold and silver importation improvement increase industry inhabitants interest joint stock companies kind land and labour landlord less maintain manner manufactures ment merchants metals money price nations natural natural price necessarily necessary obliged occasion ordinary profits paid particular pence perhaps Peru pound weight pounds productive labour profits of stock prohibition proportion purchase quantity of labour raise regulated rent of land revenue rude produce Scotland seems sell shillings society sometimes sort sovereign subsistence sufficient supposed tillage tion tivate town wages of labour wealth whole wool workmen
Pasajes populares
Página 130 - The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 11 - But if they had all wrought separately and independently, and without any of them having been educated to this peculiar business, they certainly could not each of them have made twenty, perhaps not one pin in a day...
Página 37 - Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased...
Página 21 - It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.
Página 113 - In a perfectly fair lottery, those who draw the prizes ought to gain all that is lost by those who draw the blanks. In a profession where twenty fail for one that succeeds, that one ought to gain all that should have been gained by the unsuccessful twenty.
Página 37 - EVERY man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.