Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 346
Adam Smith《The Wealth of Nations》· Book I, Chapter X · Investing
It is in this manner that the policy of Europe, by restraining the competition in some employments to a smaller number than would otherwise be disposed to enter into them, occasions a very important inequality in the whole of the advantages and disadvantages of the different employments of labour and stock.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter X, paragraph 346 · 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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