Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter X, Paragraph 351

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

That unprosperous race of men, commonly called men of letters, are pretty much in the situation which lawyers and physicians probably would be in, upon the foregoing supposition. In every part of Europe, the greater part of them have been educated for the church, but have been hindered by different reasons from entering into holy orders. They have generally, therefore, been educated at the public expense; and their numbers are everywhere so great, as commonly to reduce the price of their labour to a very paltry recompence.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter X, paragraph 351 · 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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