The Wealth of Nations

The Wealth of Nations

by

Adam Smith

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National revenue is the total revenue earned in a nation over the course of a year. It should not be confused with the general revenue.

National Revenue Quotes in The Wealth of Nations

The The Wealth of Nations quotes below are all either spoken by National Revenue or refer to National Revenue. For each quote, you can also see the other terms and themes related to it (each theme is indicated by its own dot and icon, like this one:
Labor, Markets, and Growth Theme Icon
).
Book 4, Chapter 2 Quotes

As every individual, therefore, endeavours as much as he can, both to employ his capital in the support of domestic industry, and so to direct that industry that its produce maybe of the greatest value; every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and 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.

Related Symbols: The Invisible Hand
Page Number: 572
Explanation and Analysis:
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National Revenue Term Timeline in The Wealth of Nations

The timeline below shows where the term National Revenue appears in The Wealth of Nations. The colored dots and icons indicate which themes are associated with that appearance.
Book 1, Chapter 6
Labor, Markets, and Growth Theme Icon
Capital Accumulation and Investment Theme Icon
A nation’s overall revenue also consists of these three categories: wages from labor, rent from land, and profit from... (full context)
Book 2, Chapter 4
Labor, Markets, and Growth Theme Icon
Capital Accumulation and Investment Theme Icon
...amount of money can replace a much larger amount of capital. As the amount of national revenue destined to replace capital grows, so does the amount of money available to lend at... (full context)
Book 4, Chapter 3
Institutions and Good Governance Theme Icon
Mercantilism and Free Trade Theme Icon
...harmful myths. Some argue that the alcohol trade hurts society, but it contributes to the national revenue just like any other business. (In fact, drunkenness is less of a problem in societies... (full context)
Book 4, Chapter 9
Labor, Markets, and Growth Theme Icon
Capital Accumulation and Investment Theme Icon
Mercantilism and Free Trade Theme Icon
...back from the economy in the form of their wages. They only contribute to the national revenue if they earn less in wages than they need for subsistence. Yet they perform an... (full context)
Book 5, Chapter 2
Institutions and Good Governance Theme Icon
...fees for loans, while both parties do for lawsuits. All these transfer taxes harm the national revenue , as they increase the state’s revenue by taking away capital stock that would otherwise... (full context)