Though the duties directly imposed upon proof spirits
amount only to 2s. 6d. per gallon, these added to the duties upon
the low wines, from which they are distilled, amount to 3s. 10
2/3d. Both low wines and proof spirits are, to prevent frauds, now
rated according to what they gauge in the wash.
net produce of that year, after deducting all expenses and
allowances, amounted to L4,975,652 19s. 6d.
<b>Introduction by Robert Reich</b><br><b>Commentary by R. H. Campbell and A. S. Skinner</b><br><b> </b><br>Adam Smith’s masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, <i>The Wealth of Nations</i> articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich’s Introduction both clarifies Smith’s analyses and illuminates his overall relevance to the world in which we live. As Reich writes, “Smith’s mind ranged over issues as fresh and topical today as they were in the late eighteenth century—jobs, wages, politics, government, trade, education, business, and ethics.”<br> <br>Includes a Modern Library Reading Group Guide<br>
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