Adam Smith, The Wealth of Nations (1776), Book IV Chapter II, p. 489.
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To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation.

— Adam on Domestic industry

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation." in the context of "Adam Smith, The Wealth of Nations (1776), Book IV Chapter II, p. 489." to mean that wisdom is timeless.

Source: Wikiquote: "Domestic industry" (Quotes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Adam

About Adam

Adam (Hebrew: אָדָם‎, Arabic: آدم‎) was, according to the Book of Genesis and the Qur'an, the first man created by God and noted as such in subsequent Jewish, Christian, Islamic and Bahá'í traditions and literature. In Hebrew ׳āḏām, meaning "human" coupled with the definite article, becomes "the human"; its root is linked to its triliteral root אָדָם (A-D-M ), meaning "red", "fair", "handsome". As a masculine noun, 'adam means "man", "mankind" usually in a collective context as in humankind. The noun 'adam is also the masculine form of the word adamah which means "ground" or "earth" and is related to the words: adom (red), admoni (ruddy), and dam (blood).