The Wealth of Nations/Volume 2

THE WEALTH OF NATIONS

BY

ADAM SMITH, LL.D

PART TWO

NEW YORK
P. F. COLLIER & SON

MCMII

17

Chap. III.

Of the Accumulation of Capital, or of productive and unproductive Labor

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7

IV.

Of Stock lent at Interest

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34

V.

Of the different Employment of Capitals

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46

BOOK III
Of the different Progress of Opulence in different Nations

Chap. I.

Of the natural Progress of Opulence

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68

II.

Of the Discouragement of Agriculture in the ancient State of Europe after the Fall of the Roman Empire

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75

III.

Of the Rise and Progress of Cities and Towns, after the Fall of the Roman Empire

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91

IV.

How the Commerce of the Towns contributed to the Improvement of the Country

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106

BOOK IV
Of Systems of Political Economy

Introduction

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124

Chap. I.

Of the Principle of the Commercial, or Mercantile System

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124

II.

Of Restraints upon the Importation from foreign Countries of such Goods as can be produced at Home

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156

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

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184

Part I. Of the Unreasonableness of those Restraints even upon the Principles of the Commercial System

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184

Digression concerning Banks of Deposit, particularly concerning that of Amsterdam

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192

Part II. Of the Unreasonableness of those extraordinary Restraints upon other Principles

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206

IV.

Of Drawbacks

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220

V.

Of Bounties

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227

Digression concerning the Corn Trade and Corn Laws

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252

VI.

Of Treaties of Commerce

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280

VII.

Of Colonies

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297

Part I. Of the Motives for establishing new Colonies

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297

Part II. Causes of the Prosperity of new Colonies

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309

Part III. 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

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345

VIII.

Conclusion of the Mercantile System

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417

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