Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 347

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

Secondly, the policy of Europe, by increasing the competition in some employments beyond what it naturally would be, occasions another inequality, of an opposite kind, 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 347 · 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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