Source: The Wealth of Nations (1776), Book IV, Chapter II
“The act of navigation is not favourable to foreign commerce, or to the growth of that opulence which can arise from it. … As defence, however, is of much more importance than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England.”
Source: The Wealth of Nations (1776), Book IV, Chapter II
Help us to complete the source, original and additional information
Adam Smith 175
Scottish moral philosopher and political economist 1723–1790Related quotes
Source: (1776), Book IV, Chapter II
“… you need more than luck to navigate successfully through a thousand sieves in succession.”
River out of Eden (1995)
1860s, First State of the Union address (1861)
Source: Soundings and Silences (2016)
“To navigate is necessary, to live is not.”
To sailors who were defending Rome from a sea invasion.
Life of Pompey
“I have not the smallest molecule of faith in aerial navigation other than ballooning”
As a response to Major B. F. S. Baden Powell's request to join the Aeronautical Society, December 8, 1896 http://zapatopi.net/kelvin/papers/letters.html#baden-powell.
Often reproduced out of context and without citation to any primary source as "Heavier-than-air flying machines are impossible", like in The Experts Speak : The Definitive Compendium of Authoritative Misinformation (1984) by Christopher Cerf and Victor Navasky, p. 236
Context: I am afraid I am not in the flight for “aerial navigation”. I was greatly interested in your work with kites; but I have not the smallest molecule of faith in aerial navigation other than ballooning or of expectation of good results from any of the trials we hear of. So you will understand that I would not care to be a member of the aëronautical Society.
Source: Three Essays (1957), p. 163; as cited in: Richard Langlois (1989) Economics as a Process. p. 181