Consumption is the sole end and purpose of production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

Adam Smith

The Wealth of Nations

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More information about this quote

Topic

Consumers Economic theory Political theory

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Occupation

Philosopher Economist Writer

From

United Kingdom Europe

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 2, London: W. Strahan and T. Cadell, 1776, bk. 4, ch. 8.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 4, ch. 8.

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Related Quotes

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Another quote from the 1770s

And for the support of this declaration, with a firm reliance on the protection of divine providence, we mutually pledge to each other our lives, our fortunes, and our sacred honor.

Declaration of Independence

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More information about this quote
Topic
Declaration of Independence American Revolution
Source
Declaration of Independence
Genre
Political literature
Language
English
Time
1776 1770s 18th century
Authentication Score 3
Original Citation

United States Declaration of Independence. 1776.

Current Citation

The National Archives. The Declaration of Independence: A Transcript. 24 July 2020, www.archives.gov/founding-docs/declaration-transcript.

Another quote about Political theory

Liberty is to faction what air is to fire, an aliment without which it instantly expires. But it could not be less folly to abolish liberty, which is essential to political life, because it nourishes faction, than it would be to wish the annihilation of air, which is essential to animal life, because it imparts to fire its destructive agency.

James Madison

Federalist 10

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More information about this quote
Topic
Political faction Political conflict Political theory Politics

Author

James Madison
Source
Federalist 10 The Federalist Papers
Medium
Essay
Genre
Political literature
Language
English
Time
1787 1780s 18th century
Era
American Revolutionary Period
Authentication Score 2
Original Citation

Madison, James [published as Publius]. "Federalist No. 10: The Same Subject Continued: The Union as a Safeguard Against Domestic Faction and Insurrection." Daily Advertiser, 22 Nov. 1787.

Current Citation

Madison, James. "No. 10: An extensive republic a remedy for mischiefs of faction.--Madison." The Federalist: A Commentary on the Constitution of the United States, edited by Robert Scigliano. The Modern Library, 2001.

Another quote from 1776

If there must be trouble, let it be in my day, that my child may have peace.

Thomas Paine

The Crisis

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More information about this quote
Topic
American Revolution

Author

Thomas Paine
Source
The Crisis
Medium
Pamphlet
Genre
Political literature
Language
English
Time
1776 1770s 18th century
Era
American Revolutionary Period
Authentication Score 3
Original Citation

Paine, Thomas. The American Crisis: Number 1. Philadelphia: Styner and Cist, 1776.

Current Citation

Paine, Thomas. "The American Crisis, Number I, December 19, 1776." Common Sense, The Crisis, & Other Writings from the American Revolution. Library of America, 2015.