Home > Author > Adam Smith >

" Commerce and manufactures can seldom flourish long in any state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith of contracts is not supported by law, and in which the authority of the state is not supposed to be regularly employed in enforcing the payment of debts from all those who are able to pay. Commerce and manufactures, in
short, can seldom flourish in any state in which there is not a certain degree of confidence in the justice of government. "

Adam Smith , An Inquiry into the Nature and Causes of the Wealth of Nations


Image for Quotes

Adam Smith quote : Commerce and manufactures can seldom flourish long in any state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith of contracts is not supported by law, and in which the authority of the state is not supposed to be regularly employed in enforcing the payment of debts from all those who are able to pay. Commerce and manufactures, in<br />short, can seldom flourish in any state in which there is not a certain degree of confidence in the justice of government.