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No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam Smith
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Adam Smith
Age: 67 †
Born: 1723
Born: June 16
Died: 1790
Died: July 17
Economist
Non-Fiction Writer
Philosopher
University Teacher
Writer
Lang Toun
Poor
Injustice
Society
Miserable
Happiness
Economics
Happy
Members
Flourishing
Part
Wealth
Aristocracy
Economy
Inequality
Politics
Surely
Greater
Equality
More quotes by Adam Smith
Men, like animals, naturally multiply in proportion to the means of their subsistence.
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I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
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It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
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The uniform, constant, and uninterrupted effort of every man to better his condition . . . is frequently powerful enough to maintain the natural progress of things toward improvement, in spite of the extravagance of government, and of the greatest errors of administration.
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To subject every private family to the odious visits and examination of the tax-gatherers ... would be altogether inconsistent with liberty.
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Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.
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All money is a matter of belief.
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Labor was the first price, the original purchase - money that was paid for all things.
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As we have no immediate experience of what other men feel, we can form no idea of the manner in which they are affected, but by conceiving what we ourselves should feel in the like situation.
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Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own maintenance, and of his masters profits. The labour of a menial servant, on the contrary, adds to the value of nothing.
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Adventure upon all the tickets in the lottery, and you lose for certain and the greater the number of your tickets the nearer your approach to this certainty.
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The emotions of the spectator will still be very apt to fall short of the violence of what is felt by the sufferer. Mankind, though naturally sympathetic, never conceive, for what has befallen another, that degree of passion which naturally animates the person principally concerned.
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The retinue of a grandee in China or Indostan accordingly is, by all accounts, much more numerous and splendid than that of the richest subjects of Europe.
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The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
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