Adam Smith Quote

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.

Chapter X, Part II. - The Wealth of Nations (1776) - Book I

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which...

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which...

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which...

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which...