an
                                  INQUIRY
                                    into the
                             Nature and Causes
                                     of the
                        WealthofNations
                               —BooksI,II,III, IV and V —
                                  AdamSmith
                                  p          q
                                   ΜεταLibri
                                  x          y
               Copyright ©2007 ΜεταLibri
               this digital edition
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                              29th May 2007
                              Editorial Note
                INthiseditionreferencesaremadetocorrespondingpagesofthebestmod-
                ern edition of the Wealth of Nations: the second volume of The Glasgow
                Edition of the Works and Correspondence of Adam Smith [1]. These refer-
                encesareprintedasmarginnotes. Forexample,‘G.ed.p26’means‘page26
                of the Glasgow Edition’.
                  Smith’sownfootnotesaremarkedwith‘[Smith]’inboldfacejustbefore
                the footnote. Paragraph number are printed inside brackets on the left
                marginandthenumberingrestartsatthebeginningofeverysection.
                  References to this edition can be made in this way:
                   Smith, Adam. An Inquiry into the Nature and Causes of the
                   Wealth of Nations. Edited by S. M. Soares. MetaLibri Digital
                   Library, 29th May 2007.
                                           SÁLVIO MARCELO SOARES
                                            Lausanne, 29th May 2007
                                                metalibri@yahoo.com
                                                       CONTENTS
                           Editorial Note                                                        iii
                           Advertisement to the Third Edition                                     2
                           Advertisement to the Fourth Edition                                    3
                           Introduction and Plan of the Work                                      4
                                                          BOOK I
                           OfTheCausesofImprovementintheProductivePowersof
                           Labour, and of the Order According to which Its Produce Is
                           Naturally Distributed Among the Different Ranks of the
                           People                                                                 7
                           CHAPTER I
                           Of the Division of Labour                                              8
                           CHAPTER II
                           Of the Principle which gives occasion to the Division of Labour      15
                           CHAPTER III
                           That the Division of Labour is limited by the Extent of the Market   18
                           CHAPTER IV
                           Of the Origin and Use of Money                                       22
                           CHAPTER V
                           Of the Real and Nominal Price of Commodities, or their Price in
                           Labour, and their Price in Money                                     28
                           CHAPTER VI
                           Of the Component Parts of the Price of Commodities                   41
                           CHAPTER VII
                           Of the Natural and Market Price of Commodities                       47
                           CHAPTER VIII
                           Of the Wages of Labour                                               55
                           CHAPTER IX
                           Of the Profits of Stock                                               73