Whatever a person saves from his revenue he adds to his capital, and either employs it himself in maintaining an additional number of productive hands, or enables some person to do so ... for a share of profits. As the capital of an individual can be increased only by what he saves ... so the capital of a society can be increased only in the same manner.
Adam Smith
-
Next Quote
The real price of everything is the toil and trouble of acquiring it.
- Adam Smith -
Previous Quote
Consumption is the sole end and purpose of all production, and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
- Adam Smith