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All money is a matter of belief.

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
Money
Matter
Believe
Finance
Economics
Economy
Belief

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I am always willing to run some hazard of being tedious, in order to be sure that I am perspicuous and, after taking the utmost pains that I can to be perspicuous, some obscurity may still appear to remain upon a subject, in its own nature extremely abstracted.
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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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All jobs are created in direct proportion to the amount of capital employed.
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When we have read a book or poem so often that we can no longer find any amusement in reading it by ourselves, we can still take pleasure in reading it to a companion. To him it has all the graces of novelty.
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The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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But what all the violence of the feudal institutions could never have effected, the silent and insensible operation of foreign commerce and manufactures gradually brought about.
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With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.
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He is led by an invisible hand to promote an end which was no part of his intention
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The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
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A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
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Problems worthy of attacks, prove their worth by hitting back
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Wherever there is great property, there is great inequality.
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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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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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Upstart greatness is everywhere less respected than ancient greatness.
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Beneficence is always free, it cannot be extorted by force.
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Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.
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Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.
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The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
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