Quote#Wisdom
That a joint stock company should be able to carry on successfully…
Quote byAdam Smith · 1723–1790
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Book V, Chapter I, Part III, Article I, p. 810..
English (original)
That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.
— Adam Smith
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