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A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.
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
Generations
Extensions
Quite
Unnatural
Power
Estates
Fulness
Earth
Posterity
Manifestly
Ever
Belongs
Preceding
Right
Absurd
Dispose
Every
Generation
Bind
Property
Extension
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A sketch of a man facing to the right.
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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
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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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Beneficence is always free, it cannot be extorted by force.
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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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Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
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The division of labour was limited by the extent of the market
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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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