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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... interest varies in any country , we may be assured that the ordinary profits of stock must vary with it , must sink as it sinks , and rise as it rises . The progress of interest , therefore , may lead us to form some notion of the ...
... interest of His employers constitute the third order , that of those those who live by who live by profit . It is the stock that is employed for the profit has not the sake of profit , which puts into motion the greater part of with the ...
... interest rate . No law can reduce the common rate of interest below the lowest ordinary market rate at the time when that law is below the market made . Notwithstanding the edict of 1766 , by which the French king attempted to reduce ...