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The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
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
Firsts
Thyself
First
Reactions
Thing
Economics
Men
Step
Like
Outside
Watches
Watch
Observer
Steps
Observers
More quotes by Adam Smith
The great secret of education is to direct vanity to proper objects.
Adam Smith
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.
Adam Smith
The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.
Adam Smith
A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.
Adam Smith
The sneaking arts of underling tradesmen are thus erected into political maxims for the conduct of a great empire for it is the most underling tradesmen only who make it a rule to employ chiefly their own customers. A great trader purchases his good always where they are cheapest and best, without regard to any little interest of this kind.
Adam Smith
The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from nature, as from habit, custom, and education.
Adam Smith
An English university is a sanctuary in which exploded systems and obsolete prejudices find shelter and protection after they have been . hunted out of every corner of the world.
Adam Smith
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.
Adam Smith
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Adam Smith
To hinder, besides, the farmer from selling his goods at all times to the best market, is evidently to sacrifice the ordinary laws of justice to an idea of public utility, to a sort of reasons of state an act of legislative authority which ought to be exercised only, which can be pardoned only in cases of the most urgent necessity.
Adam Smith
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.
Adam Smith
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.
Adam Smith
A true party-man hates and despises candour.
Adam Smith
Avarice and injustice are always shortsighted, and they did not foresee how much this regulation must obstruct improvement, and thereby hurt in the long-run the real interest of the landlord.
Adam Smith
Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
Adam Smith
Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties and, if they were not, they would perform their duty still worse than they actually perform it.
Adam Smith
Men, like animals, naturally multiply in proportion to the means of their subsistence.
Adam Smith
To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should never be established in it.
Adam Smith
In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.
Adam Smith
Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
Adam Smith