Wealth Of Nations Quotes
The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Milton Friedman
Pity me'--the unspoken words upon a nation's lips--'because I am indeed pitiable. I have been deprived of freedom--yes, of course, all that. And of proper food and of fancy things, consumer durables and material wealth of every kind, all that. But mostly I have been robbed of my birthright, my mother, my father, my home. And how can I ever recover from that?' Then there is a murmur, as a last, despairing cry, the latest prayer--'Market forces, market forces.' Say it over and over, as once the...
Fay Weldon
The time has come for an all-out war against poverty. The rich nations must use their vast resources of wealth to develop the underdeveloped, school the unschooled, and feed the unfed. Ultimately a great nation is a compassionate nation. No individual or nation can be great if it does not have a concern for "the least of these".
Martin Luther King jr.
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