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I have never known much good done by those who affected to trade for the public good.
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
Government
Done
Affected
Much
Investing
Good
Economics
Never
Trade
Public
Known
More quotes by Adam Smith
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
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Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
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Mercy to the guilty is cruelty to the innocent.
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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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In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
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The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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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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Labor was the first price, the original purchase - money that was paid for all things.
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But though empires, like all the other works of men, have all hitherto proved mortal, yet every empire aims at immortality.
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Every tax, however, is to the person who pays it a badge, not of slavery but of liberty. It denotes that he is a subject to government, indeed, but that, as he has some property, he cannot himself be the property of a master.
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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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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.
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Science is the great antidote to the poison of enthusiasm and superstition.
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In every part of the universe we observe means adjusted with the nicest artifice to the ends which they are intended to produce and in the mechanism of a plant, or animal body, admire how every thing is contrived for advancing the two great purposes of nature, the support of the individual, and the propagation of the species.
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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
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Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
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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 subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities.
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It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
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Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
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