Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 296

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

They are so accordingly. The difference between the earnings of a common labourer and those of a well employed lawyer or physician, is evidently much greater than that between the ordinary profits in any two different branches of trade. The apparent difference, besides, in the profits of different trades, is generally a deception arising from our not always distinguishing what ought to be considered as wages, from what ought to be considered as profit.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter X, paragraph 296 · 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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