Investing · Western classics
Adam Smith:The Wealth of Nations, Book IV, Chapter II, Paragraph 1057
Adam Smith《The Wealth of Nations》· Book IV, Chapter II · Investing
Though, for want of such regulations, the society should never acquire the proposed manufacture, it would not upon that account necessarily be the poorer in anyone period of its duration. In every period of its duration its whole capital and industry might still have been employed, though upon different objects, in the manner that was most advantageous at the time. In every period its revenue might have been the greatest which its capital could afford, and both capital and revenue might have been augmented with the greatest possible rapidity.
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https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter II, paragraph 1057 · 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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