Investing · Western classics
Adam Smith:The Wealth of Nations, Book II, Chapter V, Paragraph 882
Adam Smith《The Wealth of Nations》· Book II, Chapter V · Investing
Unless a capital was employed in manufacturing that part of the rude produce which requires a good deal of preparation before it can be fit for use and consumption, it either would never be produced, because there could be no demand for it; or if it was produced spontaneously, it would be of no value in exchange, and could add nothing to the wealth of the society.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter V, paragraph 882 · 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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Does this passage change one judgment about money or risk today?
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