Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VIII, Paragraph 187

Adam Smith《The Wealth of Nations》· Book I, Chapter VIII · Investing

It seldom happens that the person who tills the ground has wherewithal to maintain himself till he reaps the harvest. His maintenance is generally advanced to him from the stock of a master, the farmer who employs him, and who would have no interest to employ him, unless he was to share in the produce of his labour, or unless his stock was to be replaced to him with a profit. This profit makes a second deduction from the produce of the labour which is employed upon land.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VIII, paragraph 187 · Verified:2026-10-19 · Verification:Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

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