The Wealth of NationsRandom House Publishing Group, 2000 M11 14 - 1184 páginas 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.” |
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... called rent , and belongs to the landlord . The revenue of the farmer is derived partly from his labour , and partly from his stock . To him , land is only the instrument which enables him to earn the wages of this labour , and to make ...
... called natural rates , These ordinary or average rates may be called the natural rates of wages , profit , and rent , at the time and place in which they commonly prevail . to pay which a commodity is When the price of any commodity is ...
... called premiums , as drawbacks are some- times called bounties . But we must in all cases attend to the nature of the thing , without paying any regard to the word . Digression concerning the Corn Trade and Corn Laws45 are undeserving ...