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Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
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
Combination
Always
Raises
Economics
Everywhere
Tacit
Constant
Uniform
Uniforms
Masters
Wages
Labor
Raise
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More quotes by Adam Smith
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
Adam Smith
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged.
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The game women play is men.
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All registers which, it is acknowledged, ought to be kept secret, ought certainly never to exist.
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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.
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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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Now many such things may be done without intitling the people to rise in arms. A gross, flagrant, and palpable abuse no doubt will do it, as if they should be required to pay a tax equal to half or third of their substance.
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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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.
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To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers but extremely fit for a nation whose government is influenced by shopkeepers.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
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
Individual Ambition Serves the Common Good.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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It seldom happens, however, that a great proprietor is a great improver.
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The principle which prompts to save is the desire of bettering our conditiona desire which?comes with us from the womb and never leaves us till we go into the grave.
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The machines that are first invented to perform any particular movement are always the most complex, and succeeding artists generally discover that, with fewer wheels, with fewer principles of motion, than had originally been employed, the same effects may be more easily produced. The first systems, in the same manner, are always the most complex.
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