On the Wealth of NationsThe Wealth of Nations is a clearly written account of economics at the dawn of the Industrial Revolution. The work was a landmark work in the history and economics field, as it was comprehensive and an accurate characterization of the economic mechanisms at work in modern economics. Smith believed in a Meritocracy. Smith emphasized the advancement that one could take based on their will to better themselves. This is simply one of the most important books ever written on the subject of economics. All five books are included here. |
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according advantage afford altogether America amount ancient annual bank become bounty Britain called capital carried cent circulation coin colonies commerce commodities commonly consequence considerable considered consumed consumption continually corn cultivation demand duties effect employed employment encouragement England equal established Europe exchange expense exportation fall farmer foreign France frequently fund give gold and silver greater hundred importation improvement increase industry inhabitants interest Italy kind labour land landlord less maintain manner manufactures means merchants metals naturally necessarily necessary never obliged occasion ordinary otherwise paid particular perhaps person pounds present principal probably produce profit proportion purchase quantity raise regulated render rent require respect revenue rise seems sell shillings silver society sometimes sort sovereign sufficient supply supposed thing town trade wages whole