Adam Smith (1776) The Wealth of Nations Book II Chapter I, p. 311
“
No fixed capital can yield any revenue but by means of a circulating capital.
— Adam Smith on Capital
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "No fixed capital can yield any revenue but by means of a circulating capital." in the context of "Adam Smith (1776) The Wealth of Nations Book II Chapter I, p. 311" to mean that wisdom is timeless.
Source: Wikiquote: "Capital" (S)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Adam Smith
Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".
About Adam Smith
Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".
View all quotes →