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Adam Smith advantage afterwards agreeable appeared Britain British Burke called chapter Charles Townshend Church colonial commercial criticism David Hume death division of labour doctrine Dugald Stewart Duke of Buccleuch duties economic economist Edinburgh edition empire England English Europe France free trade French Gibbon Glasgow happiness honour Hume Hume's Hutcheson idea important industry interest John justice Kirkcaldy learned lectures Leslie Stephen letter liberty lived London Lord manufactures ment Millar mind modern monopoly Moral Sentiments natural never opinion opulence Oswald Oxford Panmure House Parliament perhaps philosophy political economy principles Professor published Quesnai R. W. Church reform revenue Rochefoucauld says Scotland seems society Strahan sympathy taxation taxes Theory of Moral thought tion Toulouse town Townshend treatise truth Turgot University University of Glasgow Voltaire Wealth of Nations write wrote
Página 175 - 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 215 - Swede intend, and what the French. To measure life learn thou betimes, and know Toward solid good what leads the nearest way ; For other things mild Heaven a time ordains, And disapproves that care, though wise in show, That with superfluous burden loads the day, And, when God sends a cheerful hour, refrains.
Página 195 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. The tailor does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker does not attempt to make his own clothes, but employs a tailor.
Página 195 - 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 fit to exercise it.
Página 195 - 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 112 - Sir, he was the delight and ornament of this House, and the charm of every private society which he honoured with his presence.
Página 170 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Página 196 - The industry of the society can augment only in proportion as its capital augments, and its capital can augment only in proportion to what can be gradually saved out of its revenue. But the immediate effect of every such regulation is to diminish its revenue ; and what diminishes its revenue is certainly not very likely to augment its capital faster than it would have augmented of its own accord, had both capital and industry been left to find out their natural employments.
Página 169 - 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.