Adam Smith Quote


Picture Quote:



It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.  - Adam Smith
Quotes by other famous authors
Adam Smith
Adam SmithShare on Facebook

Born: June 16, 1723

Died: July 17, 1790 (aged 67)

Nationality: Scottish

Occupation: Economist

Bio: Adam Smith was a Scottish social philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Principles Which Lead and Direct Philosophical Enquiries, Illustrated by the History of Astronomy, prior to 1758, The Theory of Moral Sentiments, 1759, and An Inquiry into the Nature and Causes of the Wealth of Nations, 1776.

Quote of the day

The life we have on Earth must have spontaneously generated itself. It must therefore be possible for life to exist spontaneously elsewhere in the universe.

Popular Authors

`