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Adam Smith advantage agricultural agricultural products agriculturists branches of industry cities civilization colonies commerce commodities competition condition consume consumption continental cosmopolite cotton cultivated culture degree demand division of labor doctrine domestic Economists employed England English established exchangeable value exports extended facturing favor foreign trade France free trade furnish Germany greater Holland human idea important improvement increase independence Indies individuals influence intellectual interests J. B. Say J. S. Mill land laws less liberty manu manufac manufactured articles manufactured products manufacturing industry maritime material capital means merchants millions moral nature navigation North America object physiocrats Political Economy population Portugal possession principle productive forces productive power progress proportion prosperity protective duties protective system purely agricultural raw materials regard rent restrictions rich Russia School secure society soil surplus theory things tion treaty turing United wealth Wealth of Nations whilst whole
Page 398 - To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should ever be established in it.
Page 57 - I" means the States of Maine, New Hampshire, Vermont, Massachusetts, -Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Maryland, Delaware, West Virginia, Virginia, North Carolina, South Carolina, Georgia, Florida, and the District of Columbia.
Page 244 - 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...
Page 244 - But it is only for the sake of profit that any man employs a capital in the support of industry ; and he will always, therefore, endeavour to employ it in the support of that industry of which the produce is likely to be of the greatest value, or to exchange for the greatest quantity either of money or of other goods.
Page xlix - To determine the laws which regulate this distribution, is the principal problem in Political Economy : much as the science has been improved by the writings of Turgot, Stuart, Smith, Say, Sismondi, and others, they afford very little satisfactory information respecting the natural course of rent, profit, and wages.
Page 101 - A merchant, it has been I said very properly, is not necessarily the citizen of any particular country. It is in a great measure indifferent to him from what place he carries on his trade; and a very trifling disgust will make him remove his capital, and together with it all the industiy which it supports, from one country to another.
Page xx - The science which traces the laws of such of the phenomena of society as arise from the combined operations of mankind for the production of wealth, in so far as those phenomena are not modified by the pursuit of any other object.
Page xx - Everything which can possibly happen in which man and external things are jointly concerned, results from the joint operation of a law or laws of matter, and a law or laws of the human mind. Thus the production of corn by human labour is the result of a law of mind, and many laws of matter.
Page xx - It is concerned with him solely as a being who desires to possess wealth, and who is capable of judging of the comparative efficacy of means for obtaining that end. It predicts only such of the phenomena of the social state as take place in consequence of the pursuit of wealth. It makes entire abstraction of every other human passion or motive; except those which may be regarded as perpetually...