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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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
Dignity
Small
Moral
Give
Nothing
Giving
Exemplary
Men
Morals
Fortune
More quotes by Adam Smith
The education of the common people requires, perhaps, in a civilized and commercial society, the attention of the public more than that of people of some rank and fortune.
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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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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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This is one of those cases in which the imagination is baffled by the facts.
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Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
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All jobs are created in direct proportion to the amount of capital employed.
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I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
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Humanity is the virtue of a woman, generosity that of a man.
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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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Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
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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.
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Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
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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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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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In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.
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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
Defense is superior to opulence.
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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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The great affair, we always find, is to get money.
Adam Smith
The emotions of the spectator will still be very apt to fall short of the violence of what is felt by the sufferer. Mankind, though naturally sympathetic, never conceive, for what has befallen another, that degree of passion which naturally animates the person principally concerned.
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