"Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Adam Smith, The Wealth of Nations (1776), Book I, Chapter IX, p. 117.
https://en.wikiquote.org/wiki/Merchant
Revision History
No revisions have been submitted for this quote.
Categories
Merchant
15 quotes on TrueQuotesView all quotes by Merchant →
Related Quotes
"MERCHANT, n. One engaged in a commercial pursuit. A commercial pursuit is one in which the thing pursued is a dollar."
"It is when merchants dispute about their own rules that they invoke the law."
"Merchants know perfectly well what they mean when they express themselves, not in the language of lawyers, but in the…"
"The horseman serves the horse, The neatherd serves the neat, The merchant serves the purse, The eater serves his meat…"
"Among the principal criticisms leveled against the merchants was the charge that their profit implied a mortgage on t…"
"Some confidence there must be between merchant and manufacturer. In matters exclusively within the province of the ma…"
"All merchants may enter or leave England unharmed and without fear, and may stay or travel within it, by land or wate…"
"When I see a merchant over-polite to his customers, begging them to taste a little brandy and throwing half his goods…"
"Merchant and pirate were for a long period one and the same person. Even today mercantile morality is really nothing …"
"This inhumanity of mercenary commerce is the more notable because it is a fulfilment of the law that the corruption o…"