The Wealth of Nations Quotes

“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable”
― Adam Smith, The Wealth of Nations

“that prevailed before his time. National wealth was measured in terms of a country’s stock”
― Adam Smith, The Wealth of Nations

“When it has been proposed to lay any new tax upon sugar, our sugar planters have frequently complained that the whole weight of such taxes fell, not upon the consumer, but upon the producer, they never having been able to raise the price of their sugar after the tax higher than it was before. The price had, it seems, before the tax been a monopoly price, and the argument adduced to show that sugar was an improper subject of taxation demonstrated, perhaps, that it was a proper one, the gains of monopolists, whenever they can be come at, being certainly of all subjects the most proper.”
― Adam Smith, The Wealth of Nations

“THE WEALTH OF NATIONS is one of the most important and influential books ever written. It”
― Adam Smith, The Wealth of Nations

“A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.”
― Adam Smith, The Wealth of Nations