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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
Lang Toun
Form
Conceiving
Ideas
Immediate
Feel
Affected
Feels
Manner
Men
Empathy
Like
Situation
Idea
Experience
More quotes by Adam Smith
Upstart greatness is everywhere less respected than ancient greatness.
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All jobs are created in direct proportion to the amount of capital employed.
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Consumption is the sole end and purpose of all production.
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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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Every tax, however, is to the person who pays it a badge, not of slavery but of liberty. It denotes that he is a subject to government, indeed, but that, as he has some property, he cannot himself be the property of a master.
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For a very small expence the public can facilitate, can encourage, and can even impose upon almost the whole body of the people, the necessity of acquiring those most essential parts of education.
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With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
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Humanity is the virtue of a woman, generosity that of a man.
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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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Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
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Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
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The great affair, we always find, is to get money.
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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Have lots of experiments, but make sure they're strategically focused.
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Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
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The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
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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.
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Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.
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