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The Wealth of Nations: Book 4, Chapter 9. LitCharts assigns a color and icon to each theme in , which you can use to track the themes throughout the work. No government has ever actually adopted the agricultural system of political economy, which equates a country’s revenue and wealth to the rude produce generated by its land.
Summary. Analysis. “Part First. Of the Motives for establishing new Colonies.”. Ancient Greek city-states established independent, self-governing colonies once their populations grew too large to support at home. Rome gave its poor citizens land in the provinces it conquered, although these colonies remained under tight Roman control.
Analysis. Manufacturers and traders often petition the government to support exports. Drawbacks, or tax refunds, are desirable for domestic goods because they keep the natural division of labor in place. So are drawbacks on import taxes for goods to be re-exported. These drawbacks have enabled Britain’s trade to flourish, particularly with ...
Book 4, Chapter 1 Summary: “Of the Principle of the Commercial or Mercantile System”. Under the mercantile system, wealth consists of money. Under such a system, a wealthy person or nation is one who has accumulated great quantities of gold and silver. The mercantilist system then, prioritizes accumulating large quantities of gold and ...
Book IV: Of Systems of Political Economy. Summary, Chapters 1-3. In the first chapter of this book, Smith vigorously criticizes the economy theory and policy that preceded his work. A number of policies were detrimental and opposed to the progression of public well-being and wealth. First, Smith criticizes the idea that wealth consists in money ...
18 Constantin François Volney, Ruins: Or, Meditation on the Revolutions of Empires, To Which is Added the Law of Nature and a Short Biographical Notice, trans. Count Daru (New York, NY: G. Vale, 1853), 19; Constantin François Volney, Les ruines ou méditations sur les révolutions des empires suivies de la loi naturelle et de l’histoire de Samuel: Et précédée de nouveaux aperçus sur la ...
Died. 25 April 1820. (1820-04-25) (aged 63) Paris, Kingdom of France. Occupation (s) Philosopher, historian, orientalist and politician. Constantin François de Chassebœuf, comte de Volney (3 February 1757 – 25 April 1820) was a French philosopher, abolitionist, writer, orientalist, and politician who was made Commander of the Legion of ...
