Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter VI, Paragraph 126
Adam Smith《The Wealth of Nations》· Book I, Chapter VI · Investing
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce. The wood of the forest, the grass of the field, and all the natural fruits of the earth, which, when land was in common, cost the labourer only the trouble of gathering them, come, even to him, to have an additional price fixed upon them. He must then pay for the licence to gather them, and must give up to the landlord a portion of what his labour either collects or produces. This portion, or, what comes to the same thing, the price of this portion, constitutes the rent of land, and in the price of the greater part of commodities, makes a third component part.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VI, paragraph 126 · Verified:2026-10-19 · Verification:Exact match
This is a direct reading: the original and source are kept; commentary will be added later.
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