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Consumption is the sole end and purpose of production; and the interest of the producer… — Adam Smith

Economic literature

Consumption is the sole end and purpose of production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

Adam Smith
The Wealth of Nations · 1776
★ 2.1
Other tags relating to this quote
Topic
ConsumersEconomic theoryPolitical theory
Genre
Economic literature
Time
1776
Person
Adam Smith
Provenance
Current citation
Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 4, ch. 8.
Original citation
Smith, Adam. The Wealth of Nations. Vol. 2, London: W. Strahan and T. Cadell, 1776, bk. 4, ch. 8.

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