The Routledge Guidebook to Smith’s Wealth of Nations 1st Edition by Maria Pia Paganelli 1000733866 9781000733860

1 Adam Smith and the Scotland of his days

The Scottish economy

Scottish politics

The Highlands and the stages of development

Improvements and enlightenment

Further readings

2 Introduction and Book I, Chapters I–III

Introduction

Book I, Chapter I: of the division of labor

Book I, Chapter II: of the principle that gives occasion to the division of labor

Book I, Chapter III: that the division of labor is limited by the extent of the market

Note

Further readings

3 Book I, Chapters IV–VII

Book I, Chapter IV: of the origin and use of money

Book I, Chapter V: real and nominal price of commodities or of their price in labor and their price in money

Book I, Chapter VI: of the component parts of the price of commodities

Book I, Chapter VII: natural and market price of commodities

Note

Further readings

4 Book I, Chapters VII–X

Book I, Chapter VIII: of the wages of labor

Book, I Chapter IX: of profits of stock

Book I, Chapter X: of wages and profits in different employments of labor

Part I: inequalities arising from the nature of the employment

Part II: inequalities occasioned by the policy of Europe

Further readings

5 Book I, Chapter XI

Book I, Chapter XI: of the rent of land

Part I: of the produce of land that always affords rent

Part II: of the produce of land that sometimes does and sometimes does not afford rent

Part III: of the variation in the proportion between the respective values of that sort of produce that always affords rent, and that which sometimes does and sometimes does not afford rent

Digression concerning the variations in the value of silver during the course of the four last centuries

First period

Second period

Third period

Variation in the proportion of the value of gold and silver and grounds of suspicions on the decrease in the value of silver good

Different effects of progress of improvement on the real price of three rude produce

First sort

Second sort

Third sort

Conclusion of the digression concerning the variation in the value of silver

Effects of the progress of improvement upon the real price of manufacture

Conclusion

Further readings

6 Book II

Book II: of the nature, accumulation, and employment of stock

Book II, Chapter I: of the division of stock

Book II, Chapter II: of money considered a particular branch of the general stock of society

Book II, Chapter III: of the accumulation of capital or of productive and unproductive labor

Book II, Chapter IV: of stock lent at interest

Book 2, Chapter V: of different employment of capital

Further readings

7 Book III

Book III: of different progress of opulence in different nations

Book III, Chapter I: of the natural progress of opulence

Book III, Chapter II: of the discouragement of agriculture in the ancient states of Europe after the fall of the Roman Empire

Book III, Chapter III: of the rise and progress of cities and towns after the fall of the Roman Empire

Book III, Chapter IV: how the commerce of the towns contributed to the improvement of the country

Further readings

8 Book IV, Chapters I–VI

Book IV: of the systems of political economy

Introduction

Book IV, Chapter I: of the principle of commercial or mercantile system

Book IV, Chapter II: of restraints upon the importation from foreign countries of such goods that can be produced at home

Book IV, Chapter III: of the extraordinary restraints upon importation of goods of almost all kinds from countries with which the balance of trade is supposed to be disadvantageous

Part I: of the unreasonableness of those restraints even upon the principles of the commercial system

Digression concerning banks of deposit, particularly concerning that of Amsterdam

Part II: of the unreasonableness of those extraordinary restraints upon other principles

Book IV, Chapter IV: of drawbacks

Book IV, Chapter V: of bounties

Digression concerning the corn trade and corn laws

Book IV, Chapter VI: of treaties of commerce

Further readings

9 Book IV, Chapters VII–IX

Book IV, Chapter VII: of colonies

Part First: of the motives for establishing new colonies

Part Second: causes of the prosperity of the new colonies

Part Third: of the advantages which Europe has derived from the discovery of America and from the passage to the East Indies by the Cape of Good Hope

Book IV, Chapter VIII: conclusion of the mercantile system

Book IV, Chapter IX: of the agricultural systems, or of those systems of political oeconomy, which represent the produce of land as either the sole or the principal source of the revenue and wealth of every country

Further readings

10 Book V, Chapter I

Book V, Chapter I: of the expenses of the sovereign or commonwealth

Part First: of the expense of defense

Part II: of the expense of justice

Part III: of the expence of public works and public institutions

Article I: of public works and institutions for facilitating the commerce of the society

Article II: of the expence of the instruction for the education of the youth

Article III: of the expence of the institutions for the instruction of people of all ages

Part Fourth: of the expence of supporting the dignity of the sovereign

Conclusion of the chapter

Further readings

11 Book V, Chapters II–III

Book V, Chapter II: of the sources of the general or public revenue of the society

Part I: of the funds or sources of revenue which may peculiarly belong to the sovereign or commonwealth

Part II: of taxes

Article I: taxes upon rent; taxes upon the rent of the land

Taxes which are proportioned, not to the rent, but to the produce of the land

Taxes upon rent of houses

Article II: taxes upon profits; or upon the revenue arising from stock

Taxes upon the profit of a particular employment

Appendix to articles I and II: taxes upon the capital value of lands, houses, and stock

Article III: taxes upon wages of labor

Article IV: taxes which, it is intended, should fall indifferently upon every different species of revenue

Capitation taxes

Taxes upon consumable commodities

Book V, Chapter III: of public debts

Further readings

12 Legacy

Further readings

Index