Quote

The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.

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
Produce
Annuals
Nation
Annual
Either
Consist
Nations
Originally
Every
Supplies
Necessaries
Always
Immediate
Annually
Life
Fund
Consumes
Labour
Purchased

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When we have read a book or poem so often that we can no longer find any amusement in reading it by ourselves, we can still take pleasure in reading it to a companion. To him it has all the graces of novelty.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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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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Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
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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.
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Mercy to the guilty is cruelty to the innocent.
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