Quote

All money is a matter of belief.

Adam Smith

Change background

T
T
T

Change font

TAGS & TOPICS

Adam Smith
Age: 67 †
Born: 1723
Born: June 16
Died: 1790
Died: July 17
Economist
Non-Fiction Writer
Philosopher
University Teacher
Writer
Lang Toun
Belief
Money
Matter
Believe
Finance
Economics
Economy

More quotes by Adam Smith

Image
Secrets in manufactures are capable of being longer kept than secrets in trade.
Adam Smith
Image
In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
Adam Smith
Image
Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
Adam Smith
Image
Wherever there is great property, there is great inequality.
Adam Smith
Image
All jobs are created in direct proportion to the amount of capital employed.
Adam Smith
Image
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
Adam Smith
Image
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.
Adam Smith
Image
Capitals are increased by parsimony, and diminished by prodigalityand misconduct. By what a frugal man annually saves he not onlyaffords maintenance to an additional number of productive hands?but?he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.
Adam Smith
Image
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.
Adam Smith
Image
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
Adam Smith
Image
We are but one of the multitude, in no respect better than any other in it.
Adam Smith
Image
The education of the common people requires, perhaps, in a civilized and commercial society, the attention of the public more than that of people of some rank and fortune.
Adam Smith
Image
It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
Adam Smith
Image
Men, like animals, naturally multiply in proportion to the means of their subsistence.
Adam Smith
Image
Consumption is the sole end and purpose of all production and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith
Image
The game women play is men.
Adam Smith
Image
In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.
Adam Smith
Image
Now many such things may be done without intitling the people to rise in arms. A gross, flagrant, and palpable abuse no doubt will do it, as if they should be required to pay a tax equal to half or third of their substance.
Adam Smith
Image
Good roads, canals, and navigable rivers, by diminishing the expence of carriage, put the remote parts of the country more nearly upon a level with with those of the neighbourhood of the town. They are upon that the greatest of all improvements.
Adam Smith
Image
The machines that are first invented to perform any particular movement are always the most complex, and succeeding artists generally discover that, with fewer wheels, with fewer principles of motion, than had originally been employed, the same effects may be more easily produced. The first systems, in the same manner, are always the most complex.
Adam Smith