Adam Smith：The Wealth of Nations, Book I, Chapter IX, Paragraph 242

Since the time of Henry VIII. the wealth and revenue of the country have been continually advancing, and in the course of their progress, their pace seems rather to have been gradually accelerated than retarded. They seem not only to have been going on, but to have been going on faster and faster. The wages of labour have been continually increasing during the same period, and, in the greater part of the different branches of trade and manufactures, the profits of stock have been diminishing.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter IX, paragraph 242 · Verified：2026-10-19 · Verification：Exact match

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