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I have no faith in political arithmetic.

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
Faith
Political
Arithmetic
Mathematical
Math
Mathematics

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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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Happiness never lays its finger on its pulse.
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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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Consumption is the sole end and purpose of all production.
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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 rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
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Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
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It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
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Nothing is more graceful than habitual cheerfulness.
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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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I am a beau in nothing but my books.
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Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
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The game women play is men.
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A true party-man hates and despises candour.
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With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
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There is no art which government sooner learns of another than that of draining money from the pockets of the people.
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In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
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It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
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