THE

WORKS

OF

ADAM SMITH, LL.D.

AND F.R.S. OF LONDON AND EDINBURGH:

ONE OF THE COMMISSIONERS OF HIS MAJESTY'S CUSTOMS
IN SCOTLAND;

AND FORMERLY PROFESSOR OF MORAL PHILOSOPHY

IN THE UNIVERSITY OF GLASGOW.

WITH AN ACCOUNT OF

HIS LIFE AND WRITINGS

BY DUGALD STEWART,

PROFESSOR OF MORAL PHILOSOPHY IN THE UNIVERSITY, AND
FELLOW OF THE ROYAL SOCIETY, OF EDINBURGH,
&c. &c. &c.

IN FIVE VOLUMES.

VOL. II.

LONDON:

PRINTED FOR T. CADELL AND W. DAVIES; F. C. AND J. RIVINGTON; OTRIDGE
AND SON; F. WINGRAVE; LONGMAN, HURST, REES, ORME, AND BROWN;
JOHN RICHARDSON; J. BOOKER; B. CROSBY; E. JEFFERY; W. STEWART;
BLACK, PARRY, AND KINGSBURY; S. BAGSTER; J. MAWMAN; J. ASPERNE ;
AND R. SCHOLEY: AND W. CREECH, AND BELL AND BRADFUTE, AT
EDINBURGH.

CONTENTS

OF

THE SECOND VOLUME.

THE NATURE AND CAUSES OF THE

WEALTH OF NATIONS.

NTRODUCTION AND PLAN OF THE WORK

INTR

Page 1

ΒΟΟΚΙ.

OF THE CAUSES OF IMPROVEMENT IN THE PRO-

DUCTIVE POWERS OF LABOUR, AND OF THE

ORDER ACCORDING TO WHICH ITS PRODUCE IS

NATURALLY DISTRIBUTED AMONG THE DIFFE-

RENT RANKS OF THE PEOPLE

6

CHAP, I.

Of the Divifion of Labour

ibid.

CHAP. II.

Of the Principle which gives Occafion to the

Divifion of Labour

CHAP. III.

19

CHAP. IV.

Of the Origin and Ufe of Money

CHAP. V.

Page 33

Of the real and nominal Price of Commodities, or

of their Price in Labour, and their Price in

Money

CHAP. VI.

43

Of the component Parts of the Price of Commo-

dities

70

PART II. Of the Produce of Land which sometimes

does, and fometimes does not, afford Rent
Page 252

PART III. Of the Variations in the Proportion be-

tween the respective Values of that Sort of Produce

which always affords Rent, and of that which fome-

times does and fometimes does not afford Rent

Digreffion concerning the Variations in the Value of Silver

during the Course of the Four laft Centuries:

273

upon the real Price of three different Sorts of rude

Produce

First Sort

Second Sort

Third Sort

Conclufion of the Digreffion concerning the Variations

in the Value of Silver

Effects of the Progress of Improvement upon the real

Price of Manufactures

Conclufion of the Chapter

339

340

343

359

373

384

393