Investing · Western classics
Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 648
Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing
The whole annual produce of the land and labour of every country, or, what comes to the same thing, the whole price of that annual produce, naturally divides itself, it has already been observed, into three parts; the rent of land, the wages of labour, and the profits of stock; and constitutes a revenue to three different orders of people; to those who live by rent, to those who live by wages, and to those who live by profit. These are the three great, original, and constituent, orders of every civilized society, from whose revenue that of every other order is ultimately derived.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter XI, paragraph 648 · 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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