Summary of the Book 'An Inquiry Into The Nature And Causes Of The Wealth Of':
It is a classic and the first of its kind.
Excerpts from the Book 'An Inquiry Into The Nature And Causes Of The Wealth Of':
... of navigation. It was late before even the Phoenicians and Carthaginians, the most skilful navigators and ship-builders of those old times, attempted ...
... a measure of the actual value of goods at any particular time and place as the nature of the thing would admit. But if, by rubbing and wearing, ...
... in Burn's History of the Poor Laws.}. In 1688, Mr Gregory King, whose skill in political arithmetic is so much extolled by Dr Davenant, computed ...
... employ with tolerable profit in the proper business of their own country but they do not demonstrate that that business has decreased. As the capital ...
... trades. All such incorporations were anciently called universities, which, indeed, is the proper Latin name for any incorporation whatever. The ...
... the common people of most other countries, never rightly understanding wherein it consists, have now, for more than a century together, suffered themselves ...
... by land or by water. A small quantity only could be sold and the coal masters and the coal proprietors find it more for their interest to sell ...
... the price of corn somewhat higher than it otherwise would be in the actual state of tillage yet, as in the course of this century, the bounty has had ...
... which nature produces only in certain quantities, and which being of a very perishable nature, it is impossible to accumulate together the produce ...
... to the interest of those merchants. In allowing the same drawbacks upon the re-exportation of the greater part of European and East India goods ...
... therefore, raises the rate of mercantile profit, either lessens the superiority, or increases the inferiority of the profit of improvement : and, in the ...
... be withdrawn from those nearer employments, and turned towards that distant one, in order to reduce its profits to their proper level, and the price ...
... the said counties, unless it has been entered and security given as aforesaid, it is forfeited, and the offender also forfeits 3s. for every pound weight. ...
... man is tempted by his own interest to turn, as much as he can, both his capital and his industry from the former to the latter employments. Though, ...
... once aweek, or once a-month, can never be so expert in the use of their arms, as those who are exercised every day, or every other day and though ...
... pays this tax, therefore, gains by the application more than he loses by the payment of it. His payment is exactly in proportion to his gain. It ...
... however, their trading stock, it being equally liable with the other three millions two hundred thousand pounds, to the losses sustained, and debts ...
... not being indispensably requsite to a churchman, the study of them did not for along time make a necessary part of the common course of university education. ...
... if his order were disposed to protect him, and to represent either the proof as insufficient for convicting so holy a man, or the punishment as too severe ...
... several miles, you will scarce find a single tree a mere waste and loss of country, in respect both of produce and population. In every great monarchy ...