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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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That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue and that the contempt, of which vice and folly are the only proper objects, is most often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.
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The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.
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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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Man, an animal that makes bargains.
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What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
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We are delighted to find a person who values us as we value ourselves, and distinguishes us from the rest of mankind, with an attention not unlike that with which we distinguish ourselves.
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The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
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An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
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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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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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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
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All jobs are created in direct proportion to the amount of capital employed.
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To subject every private family to the odious visits and examination of the tax-gatherers ... would be altogether inconsistent with liberty.
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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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In this consists the difference between the character of a miser and that of a person of exact economy and assiduity. The one is anxious about small matters for their own sake the other attends to them only in consequence of the scheme of life which he has laid down to himself.
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All money is a matter of belief.
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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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Individual Ambition Serves the Common Good.
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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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The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.
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