To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation.


Chapter II, p. 489. - The Wealth of Nations (1776) - Book IV

Adam Smith Quotes

To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct...

To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct...

To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct...

To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct...