Home / Library / The Extravagance of Government

Notable Quote

"Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct."

— Smith, Adam event 1776

From An Inquiry into the Nature and Causes of the Wealth of Nations

Context: On how government waste and mismanagement, not private spending, impoverish nations

Topics

gavel Government Intervention analytics Economics psychology_alt Critical Thinking