An Inquiry into the Nature and Causes of the Wealth of Nations - Adam Smith - Book

An Inquiry into the Nature and Causes of the Wealth of Nations

The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniencies for which it has occasion.
But this proportion must in every nation be regulated by two different circumstances: first, by the skill, dexterity, and judgment with which its labour is generally applied; and, secondly, by the proportion between the number of those who are employed in useful labour, and that of those who are not so employed. Whatever be the soil, climate, or extent of territory of any particular nation, the abundance or scantiness of its annual supply must, in that particular situation, depend upon those two circumstances.
The abundance or scantiness of this supply, too, seems to depend more upon the former of those two circumstances than upon the latter. Among the savage nations of hunters and fishers, every individual who is able to work is more or less employed in useful labour, and endeavours to provide, as well as he can, the necessaries and conveniencies of life, for himself, and such of his family or tribe as are either too old, or too young, or too infirm, to go a-hunting and fishing. Such nations, however, are so miserably poor, that, from mere want, they are frequently reduced, or at least think themselves reduced, to the necessity sometimes of directly destroying, and sometimes of abandoning their infants, their old people, and those afflicted with lingering diseases, to perish with hunger, or to be devoured by wild beasts. Among civilized and thriving nations, on the contrary, though a great number of people do not labour at all, many of whom consume the produce of ten times, frequently of a hundred times, more labour than the greater part of those who work; yet the produce of the whole labour of the society is so great, that all are often abundantly supplied; and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniencies of life than it is possible for any savage to acquire.

Adam Smith
Содержание

An Inquiry into the Nature and Causes of the Wealth of Nations


Contents


PART I. Inequalities arising from the nature of the employments themselves.


PART II.—Inequalities occasioned by the Policy of Europe.


PART I.—Of the Produce of Land which always affords Rent.


PART II.—Of the Produce of Land, which sometimes does, and sometimes does not, afford Rent.


PART III.—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.


Conclusion of the Digression concerning the Variations in the Value of Silver.


Conclusion of the Chapter.


INTRODUCTION.


Part I—Of the Unreasonableness of those Restraints, even upon the Principles of the Commercial System.


PART II.—Of the Unreasonableness of those extraordinary Restraints, upon other Principles.


PART I. Of the Motives for Establishing New Colonies.


PART II. Causes of the Prosperity of New Colonies.


PART III. 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.


APPENDIX TO BOOK IV


PART I. Of the Expense of Defence.


PART II. Of the Expense of Justice


PART III. Of the Expense of public Works and public Institutions.


PART IV. Of the Expense of supporting the Dignity of the Sovereign.


CONCLUSION.


PART I. Of the Funds, or Sources, of Revenue, which may peculiarly belong to the Sovereign or Commonwealth.


PART II. Of Taxes.


APPENDIX TO ARTICLES I. AND II.—Taxes upon the Capital Value of Lands, Houses, and Stock.

О книге

Язык

Английский

Год издания

2002-06-01

Темы

Economics

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