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Problems worthy of attacks, prove their worth by hitting back

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
Problem
Back
Attacks
Hitting
Economics
Worthy
Prove
Worth
Problems

More quotes by Adam Smith

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The division of labour was limited by the extent of the market
Adam Smith
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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.
Adam Smith
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The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.
Adam Smith
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It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
Adam Smith
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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.
Adam Smith
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Secrets in manufactures are capable of being longer kept than secrets in trade.
Adam Smith
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Happiness never lays its finger on its pulse.
Adam Smith
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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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That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.
Adam Smith
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We are but one of the multitude, in no respect better than any other in it.
Adam Smith
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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.
Adam Smith
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Never complain of that of which it is at all times in your power to rid yourself.
Adam Smith
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Individual Ambition Serves the Common Good.
Adam Smith
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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.
Adam Smith
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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.
Adam Smith
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Man naturally desires, not only to be loved, but to be lovely or to be that thing which is the natural and proper object of love.
Adam Smith
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The cheapness of wine seems to be a cause, not of drunkenness, but of sobriety. ...People are seldom guilty of excess in what is their daily fare... On the contrary, in the countries which, either from excessive heat or cold, produce no grapes, and where wine consequently is dear and a rarity, drunkenness is a common vice.
Adam Smith
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Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
Adam Smith
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Consumption is the sole end and purpose of all production.
Adam Smith
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All jobs are created in direct proportion to the amount of capital employed.
Adam Smith