Adam Smith
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In our eReader you can find the full English version of the book. Read Adam Smith Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Adam Smith
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He then lays down a maxim "so perfectly self-evident, that it would be absurd to attempt to prove it": — " Consumption is the sole end and purpose of all produc- tion ; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." This golden rule was everywhere violated by the mercantile system, which seemed to consider production the ultimate object of all industry. But the worst of all its inventions was the colonial monopol...y. " In the system of laws which has been established for the management of our American and West Indian colonies, the interest of the home consumer has been sacrificed to that of the producer with a more extravagant pro- x.] FREE TRADE 199 fusion than in all our other commercial regulations." If there was anything more odious to Adam Smith than a protective duty, it was the discriminating or preferential duty which had been invented for the pur- pose of tying up the trade between Great Britain and her colonies.
What to read after Adam Smith?
You can find similar books in the "Read Also" column, or choose other free books by Hirst Francis Wrigley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He then lays down a maxim "so perfectly self-evident, that it would be absurd to attempt to prove it": — " Consumption is the sole end and purpose of all produc- tion ; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." This golden rule was everywhere violated by the mercantile system, which seemed to consider production the ultimate object of all industry. But the worst of all its inventions was the colonial monopol...y. " In the system of laws which has been established for the management of our American and West Indian colonies, the interest of the home consumer has been sacrificed to that of the producer with a more extravagant pro- x.] FREE TRADE 199 fusion than in all our other commercial regulations." If there was anything more odious to Adam Smith than a protective duty, it was the discriminating or preferential duty which had been invented for the pur- pose of tying up the trade between Great Britain and her colonies.
What to read after Adam Smith?
You can find similar books in the "Read Also" column, or choose other free books by Hirst Francis Wrigley to read onlineMoreLess
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