Quote

I am always willing to run some hazard of being tedious, in order to be sure that I am perspicuous and, after taking the utmost pains that I can to be perspicuous, some obscurity may still appear to remain upon a subject, in its own nature extremely abstracted.

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
Still
Willing
Tedious
May
Sure
Pains
Always
Upon
Extremely
Pain
Appear
Abstracted
Running
Remain
Hazard
Order
Subject
Hazards
Nature
Subjects
Utmost
Stills
Taking
Obscurity

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Man, an animal that makes bargains.
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The annual produce of the land and labour of any nation can be increased in its value by no other means, but by increasing either the number of its productive labourers, or the productive powers of those labourers who had before been employed.
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A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.
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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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I have no faith in political arithmetic.
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A true party-man hates and despises candour.
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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 learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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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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He is led by an invisible hand to promote an end which was no part of his intention
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It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
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The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.
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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.
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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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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.
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This is one of those cases in which the imagination is baffled by the facts.
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Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
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The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
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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.
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