Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things.
— Adam Smith Early Modern

Wealth of Nations, capitalism

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Details

Context

Attributed, but widely accepted as a summary of his principles. Appears in 'Lectures on Justice, Police, Revenue and Arms' in slightly different phrasing.

Date / Period

1762-1763

Category

Humorous

Source

https://www.econlib.org/library/Smith/smLJ.html

Verification

Unverifiable

Explanation

Found in 1 providers: grok

Method

Cross Reference

Sources Checked

1 source

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