Investing · Western classics
Adam Smith:The Wealth of Nations, Book IV, Chapter I, Paragraph 1014
Adam Smith《The Wealth of Nations》· Book IV, Chapter I · Investing
It would be too ridiculous to go about seriously to prove, that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money, no doubt, makes always a part of the national capital; but it has already been shown that it generally makes but a small part, and always the most unprofitable part of it.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter I, paragraph 1014 · 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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