Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 412
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
Those productions, indeed, which require either a greater original expense of improvement, or a greater annual expense of cultivation in order to fit the land for them, appear commonly to afford, the one a greater rent, the other a greater profit, than corn or pasture. This superiority, however, will seldom be found to amount to more than a reasonable interest or compensation for this superior expense.
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https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 412 · 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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