Investing · Western classics

Adam Smith:The Wealth of Nations, Book II, Chapter II, Paragraph 741

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

If they employ it in purchasing foreign goods for home consumption, they may either, first, purchase such goods as are likely to be consumed by idle people, who produce nothing, such as foreign wines, foreign silks, etc.; or, secondly, they may purchase an additional stock of materials, tools, and provisions, in order to maintain and employ an additional number of industrious people, who reproduce, with a profit, the value of their annual consumption.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter II, paragraph 741 · 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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