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Little else is requisite to carry a state to the highest…

“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.” quote by Adam Smith
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“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

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Peace, low taxes, and fair justice are essential for a state to achieve opulence, while other factors follow naturally.

In simple terms: Peace, low taxes, and justice enable prosperity.

Key Takeaway

Promote stability and fairness for wealth.

Themes

governance economics justice prosperity

Mood

thoughtful pragmatic

Type

economic political

When to use this quote

  • tax reform
  • peacebuilding
  • judicial reform
  • economic development

Key Concepts

classical economics social contract

Questions to Reflect On

  • How does justice affect economic growth?
  • What policies ensure low taxes without harming services?
A Different Perspective

Ignores cultural and technological influences.

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