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.
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"The price of monopoly is upon every occasion the highest which can be got."
"The whole annual produce of the land and labour of every country, or what comes to the same thing, the whole price of that annual produce, naturally divides itself, as has already been observed, into …"
"To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit f…"
"With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches."
"The real recompence of labour, the real quantity of the necessaries and conveniencies of life which it can procure to the labourer, has, during the course of the present century, increased in a still …"
Attributed, but widely accepted as a summary of his principles. Appears in 'Lectures on Justice, Police, Revenue and Arms' in slightly different phrasing.
Date: 1762-1763
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