No fixed capital can yield any revenue but by means of a ci… - Adam Smith

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No fixed capital can yield any revenue but by means of a circulating capital.

Adam Smith

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About Adam Smith

Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".

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Alternative Names: Smiths

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Jean-Baptiste Say Thomas Robert Malthus Edmund Burke Thomas More Henry George

Additional quotes by Adam Smith

But bounty and hospitality very seldom lead to extravagance; though vanity almost always does.

In England, and in all Roman Catholic countries, the lottery of the church is in reality much more advantageous than is necessary.

Civil government, so far as it is instituted for the security of property, is in reality instituted for the defence of the rich against the poor, or of those who have some property against those who have none at all.

No fixed capital can yield any revenue but by means of a circulating capital. - Adam Smith

About Adam Smith

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Additional quotes by Adam Smith