An Inquiry into the Nature and Causes of the Wealth of NationsSmith, Adam
History
An Inquiry into the Nature and Causes of the Wealth of Nations
Smith, Adam
Economics
lands are in general better cultivated, and having more labour and expense
bestowed upon them, produce more in proportion to the extent and natural
fertility of the ground. But this superiority of produce is seldom much
more than in proportion to the superiority of labour and expense. In
agriculture, the labour of the rich country is not always much more
productive than that of the poor; or, at least, it is never so much more
productive, as it commonly is in manufactures. The corn of the rich
country, therefore, will not always, in the same degree of goodness, come
cheaper to market than that of the poor. The corn of Poland, in the same
degree of goodness, is as cheap as that of France, notwithstanding the
superior opulence and improvement of the latter country. The corn of
France is, in the corn-provinces, fully as good, and in most years nearly
about the same price with the corn of England, though, in opulence and
improvement, France is perhaps inferior to England. The corn-lands of
England, however, are better cultivated than those of France, and the
corn-lands of France are said to be much better cultivated than those of
Poland. But though the poor country, notwithstanding the inferiority of
its cultivation, can, in some measure, rival the rich in the cheapness and
goodness of its corn, it can pretend to no such competition in its
manufactures, at least if those manufactures suit the soil, climate, and
situation, of the rich country. The silks of France are better and cheaper
than those of England, because the silk manufacture, at least under the
present high duties upon the importation of raw silk, does not so well
suit the climate of England as that of France. But the hardware and the
coarse woollens of England are beyond all comparison superior to those of
France, and much cheaper, too, in the same degree of goodness. In Poland
there are said to be scarce any manufactures of any kind, a few of those
coarser household manufactures excepted, without which no country can well
subsist.
This great increase in the quantity of work, which, in consequence of the
division of labour, the same number of people are capable of performing,
is owing to three different circumstances; first, to the increase of
dexterity in every particular workman; secondly, to the saving of the time
which is commonly lost in passing from one species of work to another;
and, lastly, to the invention of a great number of machines which
facilitate and abridge labour, and enable one man to do the work of many.
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