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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
Back
Attacks
Hitting
Economics
Worthy
Prove
Worth
Problems
Problem
More quotes by Adam Smith
The great secret of education is to direct vanity to proper objects.
Adam Smith
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
Adam Smith
Humanity is the virtue of a woman, generosity that of a man.
Adam Smith
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
Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
Adam Smith
When profit diminishes, merchants are very apt to complain that trade decays though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
Adam Smith
Though the profusion of Government must undoubtedly have retarded the natural progress of England to wealth and improvement, it has not been able to stop it.
Adam Smith
The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
Adam Smith
It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
Adam Smith
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
Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
Adam Smith
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
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
A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.
Adam Smith
The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast.
Adam Smith
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam Smith
A true party-man hates and despises candour.
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
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
Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
Adam Smith
