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

Adam Smith on active

“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.”

Share

More from Adam Smith

See all 101

Original quotes

From our community writers

Share your own quote

All community writers

More on active

All Active quotes

Keep exploring

Enjoying the quotes? Buy us a coffee