CONTENTS

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Life of the Author i
Short View of the Doctrine of Smith, compared with that of the French Economists xvii
Introduction 1
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 2
CHAP. II.
Of the Principle which gives occasion to the Division of Labour 6
CHAP. III.
That the Division of Labour is limited by the Extent of the Market 8
CHAP. IV.
Of the Origin and Use of Money 9
CHAP. V.
Of the real and nominal Price of Commodities, or of their Price in Labour, and their Price in Money 12
CHAP. VI.
Of the Component Parts of the Price of Commodities 20
CHAP. VII.
Of the Natural and Market Price of Commodities 23
CHAP. VIII.
Of the Wages of Labour 27
CHAP. IX.
Of the Profits of Stock 36
CHAP. X.
Of Wages and Profit in the different Employments of Labour and Stock 41
Part I. Inequalities arising from the Nature of the Employments themselves ib.
Part II. Inequalities occasioned by the Policy of Europe 50
CHAP. XI.
Of the Rent of Land 60
Part I. Of the Produce of Land which always affords Rent 61
Part II. Of the Produce of Land which sometimes does, and sometimes does not, afford Rent 68
Part III. 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 74
Digression concerning the Variations in the Value of Silver during the course of the four last centuries ib.
First Period ib.
Second Period 81
Third Period ib.
Variations in the Proportion between the respective Values of Gold and Silver 89
Grounds of the Suspicion that the Value of Silver still continues to decrease 91
Different Effects of the Progress of Improvement upon the real Price of three different sorts of rude Produce ib.
First Sort 92
Second Sort ib.
Third Sort 97
Conclusion of the Digression concerning the Variations in the Value of Silver 101
Effects of the Progress of Improvement upon the real Price of Manufactures 103
Conclusion of the Chapter 105
BOOK II.
OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK.
Introduction 111
CHAP. I.
Of the Division of Stock 112
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

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