Adam Smith:
Wealth of Nations
Adam Smith

Table of Contents

WEALTH OF NATIONS

|  |  Introduction and Plan of the Work

BOOK I. - Of the Causes of Improvement in the productive Powers of Labour, and of the Order according to which its Produce is naturally distributed among the different Ranks of the People

|  CHAP. I. - Of the Division of Labour

|  CHAP. II. - Of the Principle which gives occasion to the Division of Labour

|  CHAP. III. - That the Division of Labour is limited by the Extent of the Market

|  CHAP. IV.- -Of the Origin and Use of Money

|  CHAP. V.- -Of the Real and Nominal Price of Commodities, or their Price in Labour, and their Price in Money

|  CHAP. VI. - Of the Component Parts of the Price of Commodities

|  CHAP. VII. - Of the Natural and Market Price of Commodities

|  CHAP. VIII. - Of the Wages of Labour

|  CHAP. IX. - Of the Profits of Stock

|  CHAP. X. - Of Wages and Profit in the different Employments of Labour and Stock

|  |  PART FIRST. - Inequalities arising from the Nature of the Employments themselves

|  |  PART SECOND. - Inequalities by the Policy of Europe

|  CHAP. XI. - Of the Rent of Land

|  |  PART FIRST. - Of the Produce of Land which always affords Rent

|  |  PART SECOND. - Of the Produce of Land which sometimes does, and sometimes does not, afford Rent

|  |  PART THIRD. - Of the Variations in the Proportion between the respective Values of that Sort of Produce which always affords Rent, and of 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

|  |  Variations in the Proportion between the respective Values of Gold and Silver

|  |  Grounds of the Suspicion that the Value of Silver still continues to decrease

|  |  Different Effects of the Progress of Improvement upon three different Sorts of rude Produce

|  |  |  First Sort

|  |  |  Second Sort

|  |  |  Third Sort

|  |  Conclusion of the Digression concerning the Variations in the Value of Silver

|  |  Effects of the Progress of Improvement upon the real Price of Manufactures

|  |  Conclusion of the Chapter

BOOK II. - Of the Nature, Accumulation, and Employment of Stock

|  |  |  |  Introduction

|  |  CHAP. I. - Of the Division of Stock

|  |  CHAP. II. - Of Money considered as a particular Branch of the general Stock of the Society, or of the Expense of maintaining the National Capital

|  |  CHAP. III. - Of the Accumulation of Capital, or of Productive and Unproductive Labour

|  |  CHAP. IV. - Of Stock Lent at Interest

|  |  CHAP. V. - Of the Different Employment of Capitals

BOOK III. - Of the different Progress of Opulence in different Nations

|  |  CHAP. I. - Of the Natural Progress of Opulence

|  |  CHAP. II. - Of the Discouragement of Agriculture in the ancient State of Europe after the Fall of the Roman Empire

|  |  CHAP. III. - Of the Rise and Progress of Cities and Towns after the Fall of the Roman Empire

|  |  CHAP. IV. - How the Commerce of the Towns Contributed to the Improvement of the Country

BOOK IV. - Of Systems of political Oeconomy

|  |  Introduction

|  CHAP. I. - Of the Principle of the Commercial, or Mercantile System

|  CHAP. II. - Of Restraints upon the Importation from Foreign Countries of such Goods as can be produced at Home

|  CHAP. III. - 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

|  |  PART FIRST. - 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 SECOND. - Of the Unreasonableness of those extraordinary Restraints upon other Principles

|  CHAP. IV. - Of Drawbacks

|  CHAP. V. - Of Bounties

|  |  Digression concerning the Corn Trade and Corn Laws

|  CHAP. VI. - Of Treaties of Commerce

|  CHAP. VII. - Of Colonies

|  |  PART FIRST. - Of the Motives for establishing new Colonies

|  |  PART SECOND. - Causes of Prosperity of New Colonies

|  |  PART THIRD. - Of the Advantages which Europe has derived from the Discovery of America, and from that of a Passage to the East Indies by the Cape of Good Hope

|  CHAP. VIII. - Conclusion of the Mercantile System

|  CHAP. IX. - 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 every Country

BOOK V. - Of the Revenue of the Sovereign or Commonwealth

|  CHAP. I. - Of the Expenses of the Sovereign or Commonwealth

|  |  PART FIRST. - Of the Expense of Defence

|  |  PART SECOND. - Of the Expense of Justice

|  |  PART THIRD. - Of the Expense of Public Works and Public Institutions

|  |  |  ARTICLE I. - Of the Public Works and Institutions for facilitating the Commerce of the Society

|  |  |  |  1st – For facilitating the general Commerce of the Society

|  |  |  |  2dly – For facilitating particular Branches of Commerce

|  |  |  ARTICLE II. - Of the Expense of the Institutions for the Education of Youth

|  |  |  ARTICLE III. - Of the Expense of the Institutions for the Instruction of People of all Ages

|  |  PART FOURTH. - Of the Expense of Supporting the Dignity of the Sovereign

|  |  Conclusion of the Chapter

|  CHAP. II. - Of the Sources of the General or Public Revenue of the Society

|  |  PART FIRST. - Of the Funds or Sources of Revenue which may peculiarly belong to the Sovereign or Commonwealth

|  |  PART SECOND. - Of Taxes

|  |  |  ARTICLE I. - Taxes upon Rent; Taxes upon the Rent of Land

|  |  |  |  Taxes which are proportioned, not to the Rent, but to the Produce of Land

|  |  |  |  Taxes upon the Rent of Houses

|  |  |  ARTICLE II. - Taxes on Profit, or upon the Revenue arising from Stock

|  |  |  |  Taxes upon as Profit of particular Employments

|  |  |  |  Appendix to Articles 1st and 2d. Taxes upon the Capital Value of Land, Houses, and Stock

|  |  |  ARTICLE III. - Taxes upon the Wages of Labour

|  |  |  ARTICLE IV. - Taxes which, it is intended, should fall indifferently upon every different Species of Revenue

|  CHAP. III. - Of Public Debts

|  APPENDIX

|  |  The Author's Notes

|  |  |  |  Note 1

|  |  |  |  Note 2

|  |  |  |  Note 3

|  |  |  |  Note 4

|  |  |  |  Note 5

|  |  |  |  Note 6

|  |  |  |  Note 7

|  |  |  |  Note 8

|  |  |  |  Note 9

|  |  The Editor's Notes