A Quote by Adam Smith

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.
I think any company should compete on the quality of their products, their prices, the novelty they can produce, their services, because that would be fair competition.
In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up reflecting the higher value of this company. You might have information because you trade with them or because you've done some research on them.
Investment by any foreign company in any element of the U.K.'s Critical National Infrastructure should receive careful scrutiny.
With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.
We are a company built for fair and open trade.
I have never been able to carry out any work coolly. On the contrary it is done, so to speak, with my own blood. Anyone who looks at my works must be able to sense that.
The aggregate capital appears as the capital stock of all individual capitalists combined. This joint stock company has in common with many other stock companies that everyone knows what he puts in, but not what he will get out of it.
It is necessary to be able to withstand all this, to agree to any and every sacrifice, and even - if need be - to resort to all sorts of stratagems, manoeuvres and illegal methods, to evasion and subterfuges in order to penetrate the trade unions, to remain in them, and to carry on Communist work in them at all costs.
When you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that will sort of move the dial. And there's this sort of weird effect where the larger a company gets, the harder it is to come up with any new product that really moves the dial.
I have never been able to carry out any work coolly. On the contrary it is done, so to speak, with my own blood.
That foreign trade should be fair rather than free.
People don't understand that when you come into any theatrical experience, you've got to come locked and loaded, that you're a part of the experience, too. You can't come with your arms crossed. Be open to it.
My experience has taught me, and it has become a principle with me, that it is never any benefit to give out and out, to man or woman, money, food, clothing, or anything else. If they are able-bodied and can work and earn what they need, when there is anything on earth for them to do. This is my principle and I try to act upon it. To pursue a contrary course would ruin any community in the world and make them idlers.
The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
Foreign investors will not come and do things without any returns for themselves. And we don't expect them to come work for us free. But the local population should benefit rightfully. The locals should benefit just a little more than the companies.
This site uses cookies to ensure you get the best experience. More info...
Got it!