Quote by Adam Smith

The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.


The propensity to truck, barter and exchange one thing for a

Summary

This quote, from Adam Smith's influential work The Wealth of Nations, highlights a fundamental aspect of human nature: the inclination to engage in trade and commerce. It suggests that humans possess a unique ability to engage in complex economic activities such as bargaining, exchanging goods, and engaging in commerce, a quality that distinguishes us from other animals. Smith emphasizes the universality of this human trait, implying that the desire to negotiate and exchange is inherent in all individuals, regardless of their cultural or racial background. This quote underscores the significance of trade and economic activity in human society.

Topics

Business
By Adam Smith
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