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But poverty, though it does not prevent the generation, is extremely unfavourable to the rearing of children. The tender plant is produced, but in so cold a soil, and so severe a climate, soon withers and dies.
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
Doe
Soon
Severe
Children
Birth
Prevent
Poverty
Produced
Generations
Soil
Cold
Extremely
Unfavourable
Dies
Plant
Withers
Though
Climate
Rearing
Science
Generation
Tender
More quotes by Adam Smith
Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable but it is sometimes otherwise when in favor of the masters.
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The game women play is men.
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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.
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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
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The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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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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The division of labour was limited by the extent of the market
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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.
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Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own maintenance, and of his masters profits. The labour of a menial servant, on the contrary, adds to the value of nothing.
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Consumption is the sole end and purpose of all production.
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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.
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Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
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A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
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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.
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The liberal reward of labour, therefore, as it is the affect of increasing wealth, so it is the cause of increasing population. To complain of it, is to lament over the necessary effect and cause of the greatest public prosperity.
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