Harvard Classics, Vol. 10
He is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Book IV, Chapter 2.

Harvard Classics, Vol. 10

Wealth of Nations

Adam Smith

The first complete system of political economy by the articulator of laissez-faire capitalism. Orginally published in 1776, this large tome has been abridged for the Harvard Classics.

Bibliographic Record



Introductory Note
Introduction and Plan of the WorkBook I. Of the Causes of Improvement in the productive Power of Labour, and of the Order according to which its Produce is naturally distributed among the different Ranks of the People

  1. Of the Division of Labour
  2. Of the Principle Which Gives Occasion to the Division of Labour
  3. That the Division of Labour is Limited by the Extent of the Market
  4. Of the Origin and Use of Money
  5. Of the Real and Nominal Price of Commodities, or of Their Price in Labour, and Their Price in Money
  6. Of the Component Parts of the Price of Commodities
  7. Of the Natural and Market Price of Commodities
  8. Of the Wages of Labour
  9. Of the Profit of Stock
  10. Of Wages and Profit in the Different Employments of Labour and Stock
  11. Of the Rent of Land

Book II. Of the Nature, Accumulation, and Employment of Stock

  1. Of the Division of Stock
  2. Of Money Considered as a Particular Branch of the General Stock of the Society, or of the Expence of Maintaining the National Capital
  3. Of the Accumulation of Capital, or of Productive and Unproductive Labour
  4. Of Stock Lent at Interest
  5. Of the Different Employment of Capitals

Book III. Of the Different Progress of Opulence in Different Nations

  1. Of the Natural Progress of Opulence

Book IV. Of Systems of Political Œconomy

  1. Introduction
  2. Of the Principle of the Commercial or Mercantile System
  3. Of Restraints Upon the Importation from Foreign Countries of Such Goods as Can Be Produced at Home
  4. Of the Extraordinary Restraints upon the Importation of Goods of Almost All Kinds, from Those Countries with which the Balance Is Supposed to Be Disadvantageous
  5. Of Drawbacks
  6. Of Bounties
  7. Of Treaties of Commerce
  8. Of Colonies
  9. Conclusion of the Mercantile System
  10. Of the Agricultural Systems, or of the Systems of Political Œconomy, Which Represent the Produce of Land as Either the Sole or the Principal Source of the Revenue and Wealth of Every Country

Book V. Of the Revenue of the Sovereign or Commonwealth

  1. Of the Expences of the Sovereign or Commonwealth
  2. Of the Sources of the General or Public Revenue of the Society
  3. Of Public Debts