Adam Smith：The Wealth of Nations, Book I, Chapter XI, Paragraph 477

First Period.—In 1350, and for some time before, the average price of the quarter of wheat in England seems not to have been estimated lower than four ounces of silver, Tower weight, equal to about twenty shillings of our present money. From this price it seems to have fallen gradually to two ounces of silver, equal to about ten shillings of our present money, the price at which we find it estimated in the beginning of the sixteenth century, and at which it seems to have continued to be estimated till about 1570.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter XI, paragraph 477 · Verified：2026-10-19 · Verification：Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

公版英文原典；批量导入，未附中文解读。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library