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Quote from Adam Smith,


"The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security is so powerful a principle that it is alone, and without any assistance, not only capable of carrying on the society to wealth and prosperity, but of surmounting a hundred impertinent obstructions with which the folly of human laws too often incumbers its operations; though the effect of these obstructions is always more or less either to encroach upon its freedom, or to diminish its security. "


By:

Adam Smith (more quotes by Adam Smith or books by/about Adam Smith)


(1723-1790) Scottish philosopher and economist

Date:

1776

Source:

An Inquiry into the Nature and Causes of the Wealth of Nations par. IV.5.82

Categories:

Economics, Freedom, Individualist, Law, Prosperity, Security, Self-Determination, Society, Wealth

Rating:

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