Quotation by

Adam Smith

Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.

Adam Smith

Peace

Understanding this quote AI Analysis

Adam Smith is saying that a country can become very wealthy starting from a poor and uncivilized state if it has peace, low taxes, and a fair legal system. He believes that with these conditions, everything else needed for prosperity will happen naturally over time.

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