Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."
Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide
Author(s): Adam Smith
Publisher: University Of Chicago Press
Year: 1977
Language: English
Pages: 1147
City: Cham
Contents
Volume I
Preface, 1976
Preface
Editor's Introduction
Introduction and Plan of the work
Book I
1. Of the Division of Labour
2. Of the Principle which gives Occasion to the Division of Labour
3. That the Division of Labour is Limited by the Extent of the Market
4. Of the Origin and Use of Money
5. Of the Real and Nominal Price of Commodities, or of their Price in Labour, and their Price in Money
6. Of the Component Parts of the Price of Commodities
7. Of the Natural and Market Price of Commodities
8. Of the Wages of Labour
9. Of the Profits of Stock
10. Of Wages and Profit in the Different Employments of Labour and Stock
11. Of the Rent of Land
Book II
Introduction
1. Of the Division of Stock
2. Of Money Considered as a particular Branch of the General Stock of the Society, or of the Expence of Maintaining the National Capital
3. Of the Accumulation of Capital, or of Productive and Unproductive Labour
4. Of Stock Lent at Interest
5. Of the Different Employment of Capitals
Book III
1. Of the Natural Progress of Opulence
2. Of the Discouragement of Agriculture in the Ancient State of Europe after the Fall of the Roman Empire
3. Of the Rise and Progress of Cities and Towns, after the Fall of the Roman Empire
4. How the Commerce of the Towns Contributed to the Improvement of the Country
Book IV
Introduction
1. Of the Principle of the Commercial or Mercantile System
2. Of Restraints upon the Importation from Foreign Countries of such Goods as can be Produced at Home
Volume II
Book IV
4. Of Drawbacks
5. Of Bounties
6. Of Treaties of Commerce
7. Of Colonies
8. Conclusion of the Mercantile System
9. Of the Agricultural Systems, or of those Systems of Political Oeconomy, which Represent the Produce of Land as either the Sole or the Principal Source of the Revenue and Wealth of Every Country
Book V
1. Of the Expences of the Sovereign or Commonwealth
2. Of the Sources of the General or Public Revenue of the Society
3. Of Public Depts
