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Wealth Of Nations Quotes

But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts Picture Quote #1
The key insight of Adam Smith’s Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another Picture Quote #1
Leaders of nations, and people whose wealth or fame gives them power over the lives of others quite often do more harm than good Picture Quote #1
If we want our nations to be truly great we must lay less emphasis on material wealth, natural resources or even human resources Picture Quote #1
The health of nations is more important than the wealth of nations Picture Quote #1
Commerce is the equalizer of the wealth of nations Picture Quote #1
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There is not a line in ‘The Wealth of Nations’ that is not still applicable to this day Picture Quote #1
The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations Picture Quote #1
If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered Picture Quote #1
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But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts  (Wealth Of Nations Quotes) The key insight of Adam Smith’s Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another  (Wealth Of Nations Quotes) Leaders of nations, and people whose wealth or fame gives them power over the lives of others quite often do more harm than good.  (Wealth Of Nations Quotes) If we want our nations to be truly great we must lay less emphasis on material wealth, natural resources or even human resources.  (Wealth Of Nations Quotes) The health of nations is more important than the wealth of nations  (Wealth Of Nations Quotes) Commerce is the equalizer of the wealth of nations  (Wealth Of Nations Quotes) There is not a line in ‘The Wealth of Nations’ that is not still applicable to this day  (Wealth Of Nations Quotes) The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations  (Wealth Of Nations Quotes) If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered  (Wealth Of Nations Quotes)