Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 643
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
That rise in the real price of those parts of the rude produce of land, which is first the effect of the extended improvement and cultivation, and afterwards the cause of their being still further extended, the rise in the price of cattle, for example, tends, too, to raise the rent of land directly, and in a still greater proportion. The real value of the landlord’s share, his real command of the labour of other people, not only rises with the real value of the produce, but the proportion of his share to the whole produce rises with it.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 643 · 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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