Investing · Western classics

Adam Smith:The Wealth of Nations, Book IV, Chapter VII, Paragraph 1421

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

The monopoly of the colony trade, too, has forced some part of the capital of Great Britain from all foreign trade of consumption to a carrying trade; and, consequently from supporting more or less the industry of Great Britain, to be employed altogether in supporting partly that of the colonies, and partly that of some other countries.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter VII, paragraph 1421 · 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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