Investing · Western classics

Adam Smith:The Wealth of Nations, Book IV, Chapter V, Paragraph 1174

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

It regulates the money price of all the other parts of the rude produce of land, which, in every period of improvement, must bear a certain proportion to that of corn, though this proportion is different in different periods. It regulates, for example, the money price of grass and hay, of butcher’s meat, of horses, and the maintenance of horses, of land carriage consequently, or of the greater part of the inland commerce of the country.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter V, paragraph 1174 · 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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