INTO THE NATURE AND CAUSES

OF THE

WEALTH OF NATIONS.

By

ADAM SMITH.

With an Entroductory Essay and Notes.

By

JSHIELD NICHOLSON, M.A., Sc.D.,

Professor of Political Economy in the University of Edinburgh; Examiner in
Political Economy in the University of London.

AUTHOR OF "TENANTS' GAIN NOT LANDLords' Loss, aND OTHER ECONOMIC ASPECTS
OF THE LAND QUESTION."

London:

T. NELSON AND SONS, PATERNOSTER ROW.
EDINBURGH, AND NEW YORK.

1887.
70

A·33417

CORNELL
UNIVERSITY
LIBRARY

Bek

TENANT'S GAIN NOT LANDLORD'S LOSS; and other Economic Aspects of the Land Question. By JOSEPH SHIELD NICHOLSON, M.A., Professor of Political Economy in the University of Edinburgh; late Scholar of Trinity College, Cambridge. One Volume, crown 8vo. Price 5s.

"Fair rent and fixity of tenure, the crofter question and the nationalization of land, the effect of appreciation of gold on future rents, and the general principles aimed at by all schools of land reformers, are among the topics dealt with by Professor Nicholson, with grasp of detail and originality of treatment as refreshing as they are unusual....A chapter on Ricardo's theory of rent is by far the best criticism of that doctrine with which we are acquainted....Similar novelties of treatment abound throughout his excellent little book, which can be recommended to all interested in the land question."-ATHENÆUM.

Assuredly no apology is needed for the publication of this little book, which, though small in size, contains much useful matter."-WESTMINSTER REVIEW.

"This is a well-timed and clever book."-SCOTSMAN.

"The clear and steady advance of his argument from fundamental propositions to practical conclusions is admirable."-EDINBURGH COURANT.

"A careful and well-considered examination of the question."-MORNING POST.

"He has brought to bear on some of the practical problems of political economy a fresh and vigorous intellect, acute observation, and firm logical grasp."-British Quarterly Review.

"Professor Nicholson's 'Tenant's Gain not Landlord's Loss' deals specially with the existing situation in England, and, as the title indicates, mainly with the differences between landlords and tenants; but he travels in the course of his little book over most of the important economic aspects of the land question. He is well-informed, judicious, discriminating, and throws out many valuable suggestions."-CONTEMporary RevieW.

EDINBURGH: DAVID DOUGLAS.

Preface to the Present Edition.

THE Notes have been revised, and a new note inserted on Bimetallism and the Silver Question, with references to various writings on the subject.

J. S. NICHOLSON.