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The Works of Adam Smith: The nature and causes of the wealth of nations
Uten tilgangsbegrensning - 1812
according advantageous afford allowed almoſt America annual produce bank BOOK bounty branches Britain Britiſh capital carried caſe CHAP colonies commerce commodities conſequently conſiderable conſumption continually corn cultivation demand duties effect employed employment encouragement England Engliſh equal eſtabliſhed Europe European exchange expence exportation fame farmer firſt five fome force foreign trade France frequently give gold and ſilver greater hundred importation improvement increaſe induſtry inhabitants intereſt Italy kind labour land leſs maintain manner manufactures means ment merchants monopoly moſt mother muſt naturally neceſſarily never occaſion otherwiſe paid particular perhaps Portugal pounds preſent probably produce profit prohibited proportion purchaſe quantity raiſe regulations rendered reſpect returns ſame ſeems ſhillings ſhould ſmall ſome ſometimes ſtate ſtill ſtock ſubject ſuch ſupply ſupport ſurplus themſelves theſe thing thoſe thouſand tion town uſe wealth whole
Side 123 - ... every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it.
Side 123 - By preferring the support of domestic to that of foreign industry, he intends only his own security ; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Side 16 - It tends therefore to increase the exchangeable value of the annual produce of the land and labour of the country. It puts into motion an additional quantity of industry, which gives an additional value to the annual produce.
Side 338 - It is a very singular government in which every member of the administration wishes to get out of the country, and consequently to have done with the government, as soon as he can, and to whose interest, the day after he has left it and carried his whole fortune with him,* it is perfectly indifferent though the whole country was swallowed up by an earthquake.
Side 126 - Whether the advantages which one country has over another be natural or acquired, is in this respect of no consequence. As long as the one country has those advantages, and the other wants them, it will always be more advantageous for the latter rather to buy of the former than to make.
Side 125 - What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage.
Side 22 - The uniform, constant, and uninterrupted effort of every man to better his condition, the principle from which public and national, as well as private opulence is originally derived...
Side 35 - The capital employed in agriculture, therefore, not only puts into motion a greater quantity of productive labour than any equal capital employed in manufactures, but, in proportion too to the quantity of productive labour which it employs, it adds a much greater value to the annual produce of the land and labour of the country, to the real wealth and revenue of its inhabitants. Of all the ways in which a capital can be employed, it is by far the most advantageous to the society.