It is maxim of every prudent master of a family, never to attempt - TopicsExpress

It is maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. the tailor does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker does not attempt to make his own clothes but employs a tailor... What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper of our own industry employed in a way in which we have some advantage... (Adam Smith, The Wealth of Nations, 1776)

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