Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter VII, Paragraph 158
Adam Smith《The Wealth of Nations》· Book I, Chapter VII · Investing
The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating. Different accidents may sometimes keep them suspended a good deal above it, and sometimes force them down even somewhat below it. But whatever may be the obstacles which hinder them from settling in this centre of repose and continuance, they are constantly tending towards it.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VII, paragraph 158 · 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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