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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... wealth came from a na- tion's production that enlarged the flow rather than from its accumula- tion of gold and silver , as the prevailing mercantilists believed , and that governments should therefore remove all impediments to the flow ...
... wealth , so its value diminishes as its quantity increases . This notion , however , seems to be altogether groundless . as its quantity increases . The quantity of the precious metals may increase in any country from two different ...
... wealth and cultivation , 398 ; never excelled in foreign commerce , ib .; wealthy without carrying on its own foreign trade 411 ; without mines richer and better off than Mexico or Peru , 477 ; replacement of capital employed , 523 ...