It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
Adam Smith quote: “It is not by augmenting the capital…”
A quotation from the Scottish economist, Adam Smith
Filed under: Adam Smith
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– Adam Smith –
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This quote is by Adam Smith (1723-1790), Scottish Economist
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