Adam Smith Quotes:
Ocupation: Philosopher
Life: June 5, 1723 - July 17, 1790
Birthday: June 5
Death: July 17
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.
source: Adam Smith, William Playfair (1811). “An inquiry into the nature and causes of the wealth of nations”, p.190
topic: Competition, Branches, Able, Joint Stock Company, Foreign Trade
