Skip to content
Shawords

Quote#Wisdom

When profit diminishes, merchants are very apt to complain that trade…

Quote byAdam Smith · 1723–1790

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Book I, Chapter IX.

English (original)

When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.

— Adam Smith

More from Adam Smith