ESCP Europe

Adam Smiths The Wealth of Nations was recognized as a landmark of human thought upon its publication in 1776. As the first scientific argument for the principles of political economy, it is the point of departure for all subsequent economic thought. Smith's theories of capital accumulation, growth and secular change, among others, continue to be influential in modern economics.This reprint of Edwin Cannan's definitive 1904 edition of The Wealth of Nations includes Cannan's famous introduction, notes, and a full index, as well as a new preface written especially for this edition by the distinguished economist George J. Stigler. Mr. Stigler's preface will be of value for anyone wishing to see the contemporary relevance of Adam Smith's thought. from back cover.

VOLUME 1 --- BOOK I --- Chapter 1. Of the division of labour --- Chapter 2. Of the principle which gives occasion to the division of labour --- Chapter 3. That the division of labour is limited by the extent of the market --- Chapter 4. Of the origin and use of money --- Chapter 5. Of the real and nominal price of commodities, or of their price in labour, and their price in money --- Chapter 6. Of the component parts of the price of commodities --- Chapter 7. Of the natural and market price of commodities --- Chapter 8. Of the wages of labour --- Chapter 9. Of the profits of stock --- Chapter 10. Of wages and profit in the different employments of labour and stock --- Chapter 11. Of the rent of land --- BOOK II --- Chapter 1. Of the division of stock --- Chapter 2. Of money considered as a particular branch of the general stock of the society, or of the expense of maintaining the national capital --- Chapter 3. Of the accumulation of capital, or of productive and unproductive labour --- Chapter 4. Of stock lent at interest --- Chapter 5. Of the different employment of capitals --- BOOK III --- Chapter 1. Of the natural progress of opulence --- Chapter 2. Of the discouragement of agriculture in the ancient state of Europe after the fall of the Roman Empire --- Chapter 3. Of the rise and progress of cities and towns, after the fall f the Roman Empire --- Chapter 4. How the commerce of the towns contributed to the improvement of the country --- BOOK IV --- Chapter 1. Of the principle of the commercial or mercantile system --- Chapter 2. Of restraints upon the importation from foreign countries of such goods as can be produced at home --- Chapter 3. Of the extraordinary restraints upon the importation of goods of almost all kinds, from those countries with which the balance is supposed to be disadvantageous --- VOLUME 2 --- BOOK IV --- Chapter 4. Of drawbacks --- Chapter 5. Of bounties --- Chapter 6. Of treaties of commerce --- Chapter 7. Of colonies --- Chapter 8. Conclusion of the mercantile system --- Chapter 9. Of the agricultural systems, or of those systems of political economy, which represent the produce of land as either the sole or the principal source of the revenue and wealth of every country --- BOOK V --- Chapter 1. Of the expences of the sovereign or commonwealth --- Chapter 2. Of the sources of the general or public revenue of the society --- Chapter 3. Of public debts --- Index I. Subjects --- Index II. Authorities..