Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 316
Adam Smith《The Wealth of Nations》· Book I, Chapter X · Investing
Such are the inequalities in the whole of the advantages and disadvantages of the different employments of labour and stock, which the defect of any of the three requisites above mentioned must occasion, even where there is the most perfect liberty. But the policy of Europe, by not leaving things at perfect liberty, occasions other inequalities of much greater importance.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter X, paragraph 316 · 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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