The Wealth of Nations Wealth Quotes

How we cite our quotes: (Book.Chapter.Paragraph)

Quote #10

Capitals are increased by parsimony, and diminished by prodigality and misconduct. (2.3.14)

Adam Smith is a big fan of being good with your money. In his mind, there are clear rules of making money. If you're careful about spending money and you work hard, you'll do just fine. If you spend money without thinking, things won't go so well.