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We are but one of the multitude, in no respect better than any other in it.
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
Multitude
Multitudes
Respect
Better
More quotes by Adam Smith
Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
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Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties and, if they were not, they would perform their duty still worse than they actually perform it.
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I have never known much good done by those who affected to trade for the public good.
Adam Smith
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
Adam Smith
To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.
Adam Smith
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.
Adam Smith
Avarice and injustice are always shortsighted, and they did not foresee how much this regulation must obstruct improvement, and thereby hurt in the long-run the real interest of the landlord.
Adam Smith
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
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The division of labour was limited by the extent of the market
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China is a much richer country than any part of Europe.
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To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should never be established in it.
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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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It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
Adam Smith
In a militia, the character of the laborer, artificer, or tradesman, predominates over that of the soldier: in a standing army, that of the soldier predominates over every other character.
Adam Smith
Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
Adam Smith
When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.
Adam Smith
Mercy to the guilty is cruelty to the innocent.
Adam Smith
A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
Adam Smith