Quote#Self
The trade of insurance gives great security to the fortunes of…
Quote byAdam Smith · 1723–1790
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Book V, Chapter I, Part III, p. 821..
English (original)
The trade of insurance gives great security to the fortunes of private people, and by dividing among a great many that loss which would ruin an individual, makes it fall light and easy upon the whole society.
— Adam Smith
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