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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.
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
Importance
Gives
Share
Chiefly
Public
Affairs
Desire
Account
Government
Affair
Giving
Accounts
Men
Management
More quotes by Adam Smith
It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.
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By nature a philosopher is not in genius and disposition half so different from a street porter, as a mastiff is from a greyhound
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The division of labour was limited by the extent of the market
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Every faculty in one man is the measure by which he judges of the like faculty in another. I judge of your sight by my sight, of your ear by my ear, of your reason by my reason, of your resentment by my resentment, of your love by my love. I neither have, nor can have, any other way of judging about them.
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The principle which prompts to save is the desire of bettering our conditiona desire which?comes with us from the womb and never leaves us till we go into the grave.
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Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
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The natural effort of every individual to better his own condition is so powerful that it is alone, and without any assistance, capable not only of carrying on the society to wealth and prosperity, but of surmounting 100 impertinent obstructions with which the folly of human laws too often encumbers its operations.
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As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
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It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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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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Defense is superior to opulence.
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Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.
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