The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam Smith quote: “The real and effectual discipline which is…”
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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