Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter VII, Paragraph 147
Adam Smith《The Wealth of Nations》· Book I, Chapter VII · Investing
When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labour, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VII, paragraph 147 · 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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Does this passage change one judgment about money or risk today?
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