Investing · Western classics

Adam Smith:The Wealth of Nations, Book IV, Chapter VII, Paragraph 1414

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

The colony trade, however, it may perhaps be said, is more advantageous to Great Britain than any other; and the monopoly, by forcing into that trade a greater proportion of the capital of Great Britain than what would otherwise have gone to it, has turned that capital into an employment, more advantageous to the country than any other which it could have found.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter VII, paragraph 1414 · 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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