Description
Book SynopsisThis carefully annotated selection features the main analysis of the operation of an economic system, the introductory chapter of the great attack on mercantilism, and portions of the analysis of the functions of the state-Books I, IV, and V. Edited by George J. Stigler, this useful volume includes an introduction and a bibliography.
Table of ContentsIntroduction vii
Book I
Of the Causes of Improvement in the Productive Powers of Labor, and of the Order According to Which Its Produce Is Naturally Distributed among the Different Ranks of the People
Of the Division of Labor 1
Of the Principle which Gives Occasion to the Division of Labor 10
That the Division of Labor Is Limited by the Extent of the Market 14
Of the Origin and Use of Money 19
Of the Real and Nominal Price of Commodities, or of Their Price in Labor and Their Price in Money 23
Of the Component Parts of the Price of Commodities 30
Of the Natural and Market Price of Commodities 38
Of Wages and Profit in the Different Employments of Labor and Stock 48
Book IV
Of Systems of Political Economy
Introduction 61
Of the Principle of the Commercial of Mercantile System 62
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 of Every Country 87
Book V
Of the Revenue of the Sovereign or Commonwealth
Of the Expenses of the Sovereign or Commonwealth 89
Bibliography 116
