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

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Nothing is more graceful than habitual cheerfulness.
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But though empires, like all the other works of men, have all hitherto proved mortal, yet every empire aims at immortality.
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But what all the violence of the feudal institutions could never have effected, the silent and insensible operation of foreign commerce and manufactures gradually brought about.
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The world neither ever saw, nor ever will see, a perfectly fair lottery.
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
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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.
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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 man scarce lives who is not more credulous than he ought to be... The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
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