Download Adam Smith - An Inquiry Into The Nature And Causes Of The by Fred R. Glahe PDF

By Fred R. Glahe

An Inquiry into the character and explanations of the Wealth of countries is the magnum opus of the Scottish economist Adam Smith. it's a in actual fact written account of economics on the sunrise of the economic Revolution, in addition to a rhetorical piece written for the commonly expert person of the 18th century - advocating a unfastened marketplace economic climate as extra efficient and better to society.The paintings is credited as a watershed in background and economics as a result of its finished, mostly exact characterization of monetary mechanisms that live on in sleek economics; and in addition for its powerful use of rhetorical procedure, together with structuring the paintings to distinction actual international examples of loose and fettered markets.---Исследование о природе и причине богатства народов (англ. An Inquiry into the character and reasons of the Wealth of countries) — основная работа шотландского экономиста Адама Смита, опубликованная nine марта 1776 года во времена Шотландского просвещения.Книга оказала значительное влияние на экономическую теорию и в частности на политическую экономию.Ещё при жизни Адама Смита книга выдержала пять изданий в Англии (в 1776, 1778, 1784, 1786 и 1789), была издана во Франции (первый перевод в 1779 году) и в Германии. Огромное количество изданий было сделано после смерти Смита (1790 год).Трактат состоит из five книг:
Причины увеличения производительности труда и порядок, в соответствии с которым его продукт естественным образом распределяется между классами народа;
О природе капитала, его накоплении и применении;
О развитии благосостояния у разных народов;
О системах политической экономии;
О доходах монарха или государства.

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Additional resources for Adam Smith - An Inquiry Into The Nature And Causes Of The Wealth Of Nations

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There is likewise in every society or neighbourhood an ordinary or average rate of rent, which is regulated, too, as I shall shew hereafter, partly by the general circumstances of the society or neighbourhood in which the land is situated, and partly by the natural or improved fertility of the land. These ordinary or average rates may be called the natural rates of wages, profit and rent, at the time and place in which they commonly prevail. When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labour, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.

The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither. Such people may be called the effectual demanders, and their demand the effectual demand; since it maybe sufficient to effectuate the bringing of the commodity to market. It is different from the absolute demand.

It is so, however, at the same time and place only. Though at distant places there is no regular proportion between the real and the money price of commodities, yet the merchant who carries goods from the one to the other, has nothing to consider but the money price, or the difference between the quantity of silver for which he buys them, and that for which he is likely to sell them. Half an ounce of silver at Canton in China may command a greater quantity both of labour and of the necessaries and conveniencies of life, than an ounce at London.

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