Adam Smith Quotes

Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the most vigorous demand.

Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.

The general market wants what I do.

There just doesn't seem to be a market for something with aspiration anymore.

All I ever did was supply a demand that was pretty popular.

There cannot be overproduction of anything which men and women want. And their wants are unlimited, except by the size of their stomachs.

Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.

In the business world, lower profits reflect less demand for your product. But in government the opposite is true - demand for our services increases in hard times.

Poorer people tend to watch more television because they can't afford other diversions.

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

Nothing exists if a store doesn't buy it and you're not able to get it.

It took us three years to even come close to catching up with the demand a little bit.

But if people are buying the products, naturally they're gonna use them.

Supply always comes on the heels of demand.

No trade will be made unless they want the thing more than they want their money.

The very great poverty of the Fishermen arises from the want of markets or other demand for fish. The Fishermen often see the creeks along the West Coast crammed with fine fish, when they could take tons of them at a haul, or shot, with a deep seine or drift net, but when caught they would be useless to them, as they could not either salt or sell them …. From the loss of the potatoes as a certain means of subsistence, the fishermen would give their undivided time to the Fisheries, instead of losing the best seasons by wasting their labor on a high-rented potato garden. They would thus throw an immense quantity of cured food such as Hake, Cod

He who puts ... a product upon the market as it demands, controls that market, regardless of color. It is simply a survival of the fittest.

The difficulty lies, not in finding a producer, but in finding a consumer.

There are 1.3 billion people in China, and they all want a Buick.

We don't think U.S. consumers want less choice.

You only produce one car less than the demand for the vehicle. You just don't exceed that equation.

If you think broadly about business, population size is a very important factor.

It's all about producing products people want.

If there are not jobs or adequate forms of social protection, there is not enough income to create the consumption base that drives demand and sustainable economic growth.

If you give people something they want, they'll come and see it.