Investing · Western classics

Adam Smith:The Wealth of Nations, Book IV, Chapter VII, Paragraph 1346

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

Sugar was originally an enumerated commodity, which could only be exported to Great Britain; but in 1751, upon a representation of the sugar-planters, its exportation was permitted to all parts of the world. The restrictions, however, with which this liberty was granted, joined to the high price of sugar in Great Britain, have rendered it in a great measure ineffectual. Great Britain and her colonies still continue to be almost the sole market for all sugar produced in the British plantations. Their consumption increases so fast, that, though in consequence of the increasing improvement of Jamaica, as well as of the ceded islands, the importation of sugar has increased very greatly within these twenty years, the exportation to foreign countries is said to be not much greater than before.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter VII, paragraph 1346 · Verified:2026-10-19 · Verification:Exact match

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Does this passage change one judgment about money or risk today?

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