Political Quotes

Harold J. Laski: It took almost a century after the publication of the Wealth of Nations for men to realize that its axioms represented…

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It took almost a century after the publication of the Wealth of Nations for men to realize that its axioms represented the experience of a definite time.
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Harold J. Laski

Editor's note · Context

Laski points out that it took a long time for society to recognize the limitations of the principles laid out in Smith's 'Wealth of Nations'.

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The revolutionary spirit, in fact, was as much the product of the past as the very institutions it came to condemn.

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