Investing · Western classics

Adam Smith:The Wealth of Nations, Book II, Chapter I, Paragraph 689

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

The second of the three portions into which the general stock of the society divides itself, is the fixed capital; of which the characteristic is, that it affords a revenue or profit without circulating or changing masters. It consists chiefly of the four following articles.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter I, paragraph 689 · 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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