Adam Smith：The Wealth of Nations, Book I, Chapter VII, Paragraph 156

If at any time it exceeds the effectual demand, some of the component parts of its price must be paid below their natural rate. If it is rent, the interest of the landlords will immediately prompt them to withdraw a part of their land; and if it is wages or profit, the interest of the labourers in the one case, and of their employers in the other, will prompt them to withdraw a part of their labour or stock, from this employment. The quantity brought to market will soon be no more than sufficient to supply the effectual demand. All the different parts of its price will rise to their natural rate, and the whole price to its natural price.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter VII, paragraph 156 · 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