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An Inquiry into the Nature and Causes of the Wealth of Nations

By: Adam Smith

... book. Though those different plans were, perhaps, first introduced by the private interests and prejudices of particular orders of men, with- out any... ...etimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public cal... ...e- rials of that labour. As soon as the land of any country has all become private prop- erty, the landlords, like all other men, love to reap where t... ...y. His extraordinary gains arise from the high price which is paid for his private labour. They properly consist in the high wages of that labour. But... ...ts effects upon the recompence or wages of labour. As soon as land becomes private property, the landlord demands a share of almost all the produce wh... ...a shilling, and filled almost the whole of that circulation. In some paper currencies of Yorkshire, it was issued even for so small a sum as a sixpenc... ...e more abundant in America, since the suppression of some of their pa- per currencies. They are said, likewise, to have been more abun- dant before th... ...id, likewise, to have been more abun- dant before the institution of those currencies. Though paper money should be pretty much confined to the circul... ... the course of trade and remittances might happen to make it. In the paper currencies of Yorkshire, the payment of so small a sum as 6d. sometimes dep...

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