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Adam Smith Quotes About Trading

We have collected for you the TOP of Adam Smith's best quotes about Trading! Here are collected all the quotes about Trading starting from the birthday of the Philosopher – June 5, 1723! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 2 sayings of Adam Smith about Trading. We will be happy if you share our collection of quotes with your friends on social networks!

  • A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.

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    Adam Smith
    Adam Smith, James R. Otteson (2004). “Adam Smith: Selected Philosophical Writings”, p.114, Imprint Academic

  • When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.

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    Adam Smith
    Adam Smith (2010). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.335, Cosimo, Inc.
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Adam Smith

  • Born: June 5, 1723
  • Died: July 17, 1790
  • Occupation: Philosopher
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