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Cover
Contents
Introduction and Plan of the Work
Book One: The Productive Powers of Labour
Chapter I
Of the Division of Labour
Chapter II
Of the Principle which gives occasion to the Division of Labour
Chapter III
That the Division of Labour is limited by the Extent of the Market
Chapter IV
Of the Origin and Use of Money
Chapter V
Of the Real and Nominal Price of Commodities, or their Price in Labour, and their Price in Money
Chapter VI
Of the Component Parts of the Price of Commodities
Chapter VII
Of the Natural and Market Price of Commodities
Chapter VIII
Of the Wages of Labour
Chapter IX
Of the Profits of Stock
Chapter X
Of Wages and Profit in the different Employments of Labour and Stock
PART 1
Inequalities arising from the Nature of the Employments themselves
PART 2
Inequalities by the Policy of Europe
Chapter XI
Of the Rent of Land
PART 1
Of the Produce of Land which always affords Rent
PART 2
Of the Produce of Land which sometimes does, and sometimes does not, afford Rent
PART 3
DIGRESSION CONCERNING THE VARIATIONS IN THE VALUE OF SILVER DURING THE COURSE OF THE FOUR LAST CENTURIES
First Period
Second Period
Third Period
VARIATIONS IN THE PROPORTION BETWEEN THE RESPECTIVE VALUES OF GOLD AND SILVER
GROUNDS OF THE SUSPICION THAT THE VALUE OF SILVER STILL CONTINUES TO DECREASE
DIFFERENT EFFECTS OF THE PROGRESS OF IMPROVEMENT UPON THREE DIFFERENT SORTS OF RUDE PRODUCE
First Sort
Second Sort
Third Sort
CONCLUSION OF THE DIGRESSION CONCERNING THE VARIATIONS IN THE VALUE OF SILVER
EFFECTS OF THE PROGRESS OF IMPROVEMENT UPON THE REAL PRICE OF MANUFACTURES
CONCLUSION OF THE CHAPTER
Tables Referred to in Chapter 11, Part 3
Book Two: Of the Nature, Accumulation, and Employment of Stock
Introduction
Chapter I
Of the Division of Stock
Chapter II
Chapter III
Of the Accumulation of Capital, or of Productive and Unproductive Labour
Chapter IV
Of Stock Lent at Interest
Chapter V
Book Three: Of the Different Progress of Opulence in Different Nations
Chapter I
Chapter II
Chapter III
Chapter IV
Book Four: Of Systems of Political Economy
Chapter I
Chapter II
Chapter III
PART 1
Of the Unreasonableness of those Restraints even upon the Principles of the Commercial System
DIGRESSION CONCERNING BANKS OF DEPOSIT, PARTICULARLY CONCERNING THAT OF AMSTERDAM
PART 2
Of the Unreasonableness of those extraordinary Restraints upon other Principles
Chapter IV
Chapter V
DIGRESSION CONCERNING THE CORN TRADE AND CORN LAWS
Chapter VI
Chapter VII
PART 1
Of the Motives for establishing new Colonies
PART 2
Causes of Prosperity of New Colonies
PART 3
Chapter VIII
Chapter IX
Book Five: Of the Revenue of the Sovereign or Commonwealth
Chapter I
Chapter II
PART 1
Of the Funds or Sources of Revenue which may peculiarly belong to the Sovereign or Commonwealth
PART 2
Of Taxes
ARTICLE I
Taxes upon Rent. Taxes upon the Rent of Land
Taxes which are proportioned, not to the Rent, but to the Produce of Land
Taxes upon the Rent of Houses
ARTICLE II
Taxes on Profit, or upon the Revenue arising from Stock
Taxes upon as Profit of particular Employments
Appendix to ARTICLES I and II.
Taxes upon the Capital Value of Land, Houses, and Stock
ARTICLE III
Taxes upon the Wages of Labour
ARTICLE IV
Taxes which, it is intended, should fall indifferently upon every different Species of Revenue
Capitation Taxes
Taxes upon Consumable Commodities
Chapter III
ELECBOOK CLASSICS An Inquiry into the Nature and Causes of THE WEALTH OF NATIONS Adam Smith
ELECBOOK CLASSICS ebc0072. Adam Smith: Wealth of Nations This file is free for individual use only. It must not be altered or resold. Organisations wishing to use it must first obtain a licence. Low cost licenses are available. Contact us through our web site © The Electric Book Co 1998 The Electric Book Company Ltd 20 Cambridge Drive, London SE12 8AJ, UK www.elecbook.com
An Inquiry Into the Nature and Causes of the Wealth of Nations Adam Smith
The Wealth of Nations: Book 1 4 Contents Click on page number to go to Chapter Introduction and Plan of the Work ....................................................12 Book One: Of The Causes Of Improvement In The Productive Powers Of Labour, And Of The Order According To Which Its Produce Is Naturally Distributed Among The Different Ranks Of The People ...............16 Chapter 1. Of the Division of Labour ................................................17 Chapter II. Of the Principle which gives occasion to the Division of Labour..........................................................................29 Chapter III. That the Division of Labour is limited by the Extent of the Market......................................................................35 Chapter IV. Of the Origin and Use of Money...................................41 Chapter V. Of the Real and Nominal Price of Commodities, or their Price in Labour, and their Price in Money.................................................................................................50 Chapter VI.Of the Component Parts of the Price of Commodities..........................................................................................73 Chapter VII. Of the Natural and Market Price of Commodities..........................................................................................83 Chapter VIII. Of the Wages of Labour ............................................96 Chapter IX. Of the Profits of Stock ................................................127 Chapter X. Of Wages and Profit in the different Adam Smith ElecBook Classics
The Wealth of Nations: Book 1 5 Employments of Labour and Stock .................................................142 PART 1.......................................................................................................... 143 Inequalities arising from the Nature of the Employments themselves................................................................................................. 143 PART 2.......................................................................................................... 169 Inequalities by the Policy of Europe........................................................... 169 Chapter XI. Of the Rent of Land .....................................................203 PART 1.......................................................................................................... 206 Of the Produce of Land which always affords Rent .................................... 206 PART 2.......................................................................................................... 227 Of the Produce of Land which sometimes does, and sometimes does not, afford Rent ................................................................................. 227 PART 3.......................................................................................................... 245 Of the Variations in the Proportion between the respective Values of that Sort of Produce which always affords Rent, and of that which sometimes does and sometimes does not afford Rent................. 245 Digression Concerning The Variations In The Value Of Silver During The Course Of The Four Last Centuries ..................................... 248 First Period.......................................................................................... 248 Second Period...................................................................................... 267 Third Period ........................................................................................ 269 Variations In The Proportion Between The Respective Values Of Gold And Silver ............................................................................... 292 Adam Smith ElecBook Classics
The Wealth of Nations: Book 1 6 Grounds Of The Suspicion That The Value Of Silver Still Continues To Decrease.......................................................................... 299 Different Effects Of The Progress Of Improvement Upon Three Different Sorts Of Rude Produce.................................................. 301 First Sort.............................................................................................. 301 Second Sort.......................................................................................... 304 Third Sort............................................................................................ 317 Conclusion Of The Digression Concerning The Variations In The Value Of Silver .............................................................................. 330 Effects Of The Progress Of Improvement Upon The Real Price Of Manufactures........................................................................... 337 Conclusion Of The Chapter ................................................................... 344 Book Two: Of the Nature, Accumulation, and Employment of Stock........................................................................359 Chapter I. Of the Division of Stock..................................................363 Chapter II. Of Money Considered as a Particular Branch of the General Stock of the Society, or of the Expense of Maintaining the National Capital ................................374 Chapter III. Of the Accumulation of Capital, or of Productive and Unproductive Labour ............................................438 Chapter IV. Of Stock Lent at Interest.............................................465 Chapter V. Of the Different Employment of Capitals...................477 Adam Smith ElecBook Classics
The Wealth of Nations: Book 1 7 Book Three: Of the Different Progress of Opulence in Different Nations ................................................................................499 Chapter I. Of the Natural Progress of Opulence...........................500 Chapter II. Of the Discouragement of Agriculture in the ancient State of Europe after the Fall of the Roman Empire..................................................................................................507 Chapter III. Of the Rise and Progress of Cities and Towns after the Fall of the Roman Empire ....................................523 Chapter IV. How the Commerce of the Towns Contributed to the Improvement of the Country..........................538 Book Four: Of Systems of Political Economy ................................556 Introduction.........................................................................................557 Chapter I. Of the Principle of the Commercial, or Mercantile System..............................................................................558 Chapter II. Of Restraints upon the Importation from Foreign Countries of such Goods as can be produced at Home.....................................................................................................589 Chapter III. Of the extraordinary Restraints upon the Importation of Goods of almost all kinds from those Countries with which the Balance is supposed to be disadvantageous..................................................................................617 PART 1.......................................................................................................... 617 Of the Unreasonableness of those Restraints even upon the Principles of the Commercial System......................................................... 617 Adam Smith ElecBook Classics
The Wealth of Nations: Book 1 8 Digression Concerning Banks Of Deposit, Particularly Concerning That Of Amsterdam ............................................................ 625 PART 2.......................................................................................................... 639 Of the Unreasonableness of those extraordinary Restraints upon other Principles.......................................................................................... 639 Chapter IV. Of Drawbacks................................................................654 Chapter V.Of Bounties ......................................................................662 DIGRESSION CONCERNING THE CORN TRADE AND CORN LAWS ....................................................................................... 686 Chapter VI. Of Treaties of Commerce ............................................715 Chapter VII. Of Colonies...................................................................732 PART 1.......................................................................................................... 732 Of the Motives for establishing new Colonies ............................................ 732 PART 2.......................................................................................................... 744 Causes of Prosperity of New Colonies........................................................ 744 PART 3.......................................................................................................... 780 Of the Advantages which Europe has derived from the Discovery of America, and from that of a Passage to the East Indies by the Cape of Good Hope ................................................................................... 780 Chapter VIII. Conclusion of the Mercantile System ....................852 Chapter IX. Of the Agricultural Systems, or of those Systems of Political Economy which represent the Produce of Land as either the sole or the principal Source of the Revenue and Wealth every Country........................880 Adam Smith ElecBook Classics
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