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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
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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
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Men
Empathy
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Situation
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Experience
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Conceiving
Ideas
Immediate
Feel
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More quotes by Adam Smith
Every man lives by exchanging.
Adam Smith
Beneficence is always free, it cannot be extorted by force.
Adam Smith
Happiness never lays its finger on its pulse.
Adam Smith
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
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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.
Adam Smith
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.
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
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
Adam Smith
I am a beau in nothing but my books.
Adam Smith
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
Adam Smith
Consumption is the sole end and purpose of all production and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith
I have no faith in political arithmetic.
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
It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
Adam Smith
Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
Adam Smith
I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
Adam Smith
Secrets in manufactures are capable of being longer kept than secrets in trade.
Adam Smith
Individual Ambition Serves the Common Good.
Adam Smith
All registers which, it is acknowledged, ought to be kept secret, ought certainly never to exist.
Adam Smith
What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
Adam Smith
