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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2
Visualização completa - 1809
An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 4
Visualização completa - 1801
An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 3
Visualização completa - 1801
according advantageous afford altogether America amount annual annual produce bank become bills bounty branches Britain British called capital carried cent circulation coin colonies commerce commodities consequence considerable consumed consumption continually corn cultivation deal demand direct duties effect employed employment enable encouragement England equal established Europe exchange expense exportation farmer foreign foreign trade France frequently give gold and silver greater hands immediately importation improvement increase industry inhabitants interest Italy keep kind labour land less maintain manner manufactures means merchant monopoly naturally necessarily necessary never obliged occasion ordinary otherwise paid particular perhaps person Portugal pounds present probably produce profit prohibition proportion purchase quantity raise regulations rent returns revenue seems sell society sometimes sort sufficient supply supposed surplus thing tion town trade wealth whole
Página 244 - What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage.
Página 243 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself...
Página 243 - I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it.
Página 471 - To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers.
Página 488 - The discovery of America, and that of a passage to the East Indies by the Cape of Good Hope, are the two greatest and most important events recorded in the history of mankind.
Página 255 - There seem, however, to be two cases in which it will generally be advantageous to lay some burden upon foreign for the encouragement of domestic industry. The first is, when some particular sort of industry is necessary for the defence of the country.
Página 94 - Parsimony, and not industry, is the immediate cause of the increase of capital. Industry, indeed, provides the subject which parsimony accumulates. But whatever industry might acquire, if parsimony did not save and store up, the capital would never be the greater.
Página 16 - ... into three parts; the rent of land, the wages of labour, and the profits of stock: and constitutes a revenue to three different orders of people; to those who live by rent...
Página 136 - The capital which sends British goods to Portugal, and brings back Portuguese goods to Great Britain, replaces by every such operation only one British capital. The other is a Portuguese one. Though the returns, therefore, of the foreign trade of consumption should be as quick as those of the home trade, the capital employed in it will give but one half the encouragement to the industry or productive labour of the country.
Página 239 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally or, rather, necessarily leads him to prefer that employment which is most advantageous to the society.