It is, then, the inherent frugality of the Scots—their parsimony—that appears to be the key to growth (industry). Why be parsimonious and buy investment goods rather than foreign wines? We do this, according to Smith, because of a sentiment that comes "with us from the womb, and never leave[s] us until we go into the grave"—a sentiment leads to economic growth.

Mark Blyth, Austerity, loc. 295