“The ancient Egyptians had a superstitious antipathy to the sea; a superstition nearly of the same kind prevails among the Indians; and the Chinese have never excelled in foreign commerce.”
Quote by Adam Smith
Work
An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 1
Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations' is a foundational text in the field of economics. The first volume delves into the origins of wealth, the division of labor, and the role of markets in economic development. more
Author
Adam Smith
Adam Smith, a renowned philosopher and economist from Britain, was born on June 5, 1723, and died on July 17, 1790. Known as the father of modern economics, his work 'The Wealth of Nations' had a profound impact on the development of economics. more
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Source: An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner
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