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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2
Visualização integral - 1789
according advantageous afford almoſt America annual produce bank BOOK bounty Britain called capital carried cent CHAP coin colonies commerce commodities confiderable confidered confumption continue corn cultivation demand duties effect employed employment encouragement England equal eſtabliſhed Europe European exchange expence exportation fame farmer favour feems fell fhillings fhould five fome fometimes foreign foreign trade France French frequently ftate ftill fubject fuch fufficient fuppofed fupport furplus give gold and filver greater hands hundred importation improvement increaſe induſtry inhabitants intereft Italy kind labour land lefs maintain manner manufactures means merchant monopoly moſt muft muſt naturally neceffarily neceffary never occafion ordinary paid particular perfon perhaps Portugal pounds prefent probably produce profit prohibition proportion purchaſe quantity regulations rendered returns ſtock themſelves theſe thing thofe thoſe tion town trade wealth whole
Página 177 - ... 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.
Página 177 - 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.
Página 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, is frequently powerful enough to maintain the natural progress of things toward improvement, in spite both of the extravagance of government, and of the greatest errors of administration.
Página 16 - Every increase or diminution of capital, therefore, naturally tends to increase or diminish the real quantity of industry, the number of productive hands, and consequently the exchangeable value of the annual produce of the land and labour of the country, the real wealth and revenue of all its inhabitants.
Página 19 - ... comes with us from the womb, and never leaves us till we go into the grave.
Página 178 - It is the maxim of every prudent master of a family never to attempt to make at home what it will cost him more to make than to buy.
Página 164 - By opening a more extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers, and to augment its annual produce to the utmost, and thereby to increase the real revenue and wealth of the society.
Página 440 - If it was adopted, however, Great Britain would not only be immediately freed from the whole annual expense of the peace establishment of the colonies, but might settle with them such a treaty of commerce as would effectually secure to her a free trade, more advantageous to the great body of the people, though less so to the merchants, than the monopoly which she at present enjoys.
Página 179 - 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.