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Quote by Adam Smith

“The retinue of a grandee in China or Indostan accordingly is, by all accounts, much more numerous and splendid than that of the richest subjects of Europe.”

Quote by Adam Smith

Book:The Wealth of Nations: An Inquiry Into the Nature and Causes of the Wealth of Nations: With an introduction by Jonathan B. Wight, University of Richmond

Work

The Wealth of Nations: An Inquiry Into the Nature and Causes of the Wealth of Nations: With an introduction by Jonathan B. Wight, University of Richmond

Written by Adam Smith, 'The Wealth of Nations' is a foundational text in the field of economics. It delves into the nature and causes of wealth, offering insights into the development of economies. The book is accompanied by an introduction by Jonathan B. Wight, providing additional context and analysis. 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

“It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money no doubt, makes always a part of the national capital; but it has already been shown that it generally makes but a small part, and always the most unprofitable part of it.”

Doe Would Be Wealth Doubt Prove Gold Valuable Ridiculous No Doubt Silver Small Parts Purchasing Gold And Silver

Book: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

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

“Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.”

Purpose Economics Goods Purchasing

“Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.”

Violence Excited Animosity

Book:Aninquiry in to the Nature and Causes of the Wealth of Nations: With a Life of the Author, an Introductory Discourse, Notes, and Supplemental Dissertations by J.R. McCulloch

Source: Aninquiry in to the Nature and Causes of the Wealth of Nations: With a Life of the Author, an Introductory Discourse, Notes, and Supplemental Dissertations by J.R. McCulloch

“In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.”

Wells May Wealth Folly Apology

Book:An inquiry into the nature and causes of the wealth of nations

Source: An inquiry into the nature and causes of the wealth of nations

“Upstart greatness is everywhere less respected than ancient greatness.”

Greatness Ancient Upstart

Book:The Essential Adam Smith

Source: The Essential Adam Smith

“Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.”

Ifs Stills Country Reality Justice Party Duty Paid Lawyer

Book:An inquiry into the nature and causes of the wealth of nations

Source: An inquiry into the nature and causes of the wealth of nations