Quotation of the Day…

by Don Boudreaux on December 9, 2020

in Adam Smith, Trade

… is from page 112 of University of Glasgow Senior Lecturer Craig Smith’s superb 2020 book, Adam Smith (footnote deleted):

What [Adam] Smith also wants to point out is that the differences between humans, unlike the differences between breeds of dogs, can be brought into a ‘common stock’ through co-operation. Philosophers and street porters can be useful to each other in a way that greyhounds and mastiffs cannot be. This is only possible through trade.

DBx: Trade is the great process for uniting humanity.


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