Investing · Western classics

Adam Smith:The Wealth of Nations, Book II, Chapter I, Paragraph 691

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

Secondly, of all those profitable buildings which are the means of procuring a revenue, not only to the proprietor who lets them for a rent, but to the person who possesses them, and pays that rent for them; such as shops, warehouses, work-houses, farm-houses, with all their necessary buildings, stables, granaries, etc. These are very different from mere dwelling-houses. They are a sort of instruments of trade, and may be considered in the same light.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter I, paragraph 691 · 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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