Investing · Western classics

Adam Smith:The Wealth of Nations, Book II, Chapter II, Paragraph 711

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

But though the whole value of the annual produce of the land and labour of every country, is thus divided among, and constitutes a revenue to, its different inhabitants; yet, as in the rent of a private estate, we distinguish between the gross rent and the neat rent, so may we likewise in the revenue of all the inhabitants of a great country.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter II, paragraph 711 · 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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