What is wealth?
I thought I would share this quote from Adam Smith on wealth:
“Whatever a person saves from his revenue he adds to his capital, and either employs it himself in maintaining an additional number of productive hands, or enables some person to do so…for a share of profits. As the capital of an individual can be increased only by what he saves…so the capital of a society can be increased only in the same manner.”
A great commentary on our current economy and what (I believe) is needed to turn America back on the right track. Capitalism is what helped make our country the greatest nation in the world. Self-reliance and pride in one’s own achievements are two of the personality traits that must be rediscovered.
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