Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VIII, Paragraph 232

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

It is because the demand for labour increases in years of sudden and extraordinary plenty, and diminishes in those of sudden and extraordinary scarcity, that the money price of labour sometimes rises in the one, and sinks in the other.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VIII, paragraph 232 · 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?

公版英文原典;批量导入,未附中文解读。

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