Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 301

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

The five circumstances above mentioned, though they occasion considerable inequalities in the wages of labour and profits of stock, occasion none in the whole of the advantages and disadvantages, real or imaginary, of the different employments of either. The nature of those circumstances is such, that they make up for a small pecuniary gain in some, and counterbalance a great one in others.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter X, paragraph 301 · 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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