Adam Smith Quote

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be enforceable, or would be consistent with liberty or justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies, much less to render them necessary."

by:	Adam Smith (1723-1790) Scottish philosopher and economist
Source:	Wealth of Nations
Rating:
Categories:	Trade, Conspiracy, Association, Law
	Tweet

Tweet  Rate this quote! How many stars? 0 1 2 3 4 5	What do YOU think?
Your name:	Your town:     CLICK JUST ONCE!

Get a Quote-A-Day! Free!
Liberty Quotes sent to your mail box.
Email: