Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 384
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
Such parts only of the produce of land can commonly be brought to market, of which the ordinary price is sufficient to replace the stock which must be employed in bringing them thither, together with its ordinary profits. If the ordinary price is more than this, the surplus part of it will naturally go to the rent of the land. If it is not more, though the commodity may be brought to market, it can afford no rent to the landlord. Whether the price is, or is not more, depends upon the demand.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 384 · 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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