paint-brush
An Inquiry into the Nature and Causes of the Wealth of Nations: Book I, Chapter Xby@smitha

An Inquiry into the Nature and Causes of the Wealth of Nations: Book I, Chapter X

by Adam Smith70mJune 17th, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The whole of the advantages and disadvantages of the different employments of labour and stock, must, in the same neighbourhood, be either perfectly equal, or continually tending to equality. If, in the same neighbourhood, there was any employment evidently either more or less advantageous than the rest, so many people would crowd into it in the one case, and so many would desert it in the other, that its advantages would soon return to the level of other employments. This, at least, would be the case in a society where things were left to follow their natural course, where there was perfect liberty, and where every man was perfectly free both to choose what occupation he thought proper, and to change it as often as he thought proper. Every man’s interest would prompt him to seek the advantageous, and to shun the disadvantageous employment.

People Mentioned

Mention Thumbnail

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - An Inquiry into the Nature and Causes of the Wealth of Nations: Book I, Chapter X
Adam Smith HackerNoon profile picture
Adam Smith

Adam Smith

@smitha

An Inquiry into the Nature and Causes of the Wealth of Nations

About @smitha
LEARN MORE ABOUT @SMITHA'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Adam Smith HackerNoon profile picture
Adam Smith@smitha
An Inquiry into the Nature and Causes of the Wealth of Nations

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite