“Consumption is the sole end and purpose of all production.”

— Adam Smith

economics production consumption
AS

About Adam Smith

Economist • Scottish

Adam Smith was a Scottish economist and philosopher who was a pioneer of political economy and a key figure during the Scottish Enlightenment. He is best known for his two classic works: 'The Theory of Moral Sentiments'...

Read full biography

Explore Related Quotes

“The only thing that is a bigger driver of content is the seeming infinite capacity of people to consume content.”
 — Peter Chernin
Quotoria.com
“Too many cars, too many factories, too much detergent, too much pesticide, multiplying contrails, inadequate sewage treatment plants, too little water, too much carbon dioxide - all can be traced easily to too many people.”
 — Paul R. Ehrlich
Quotoria.com
“It is the top billion people who are wrecking the planet.”
 — Paul R. Ehrlich
Quotoria.com