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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
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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
Interest
Landlord
Running
Foresee
Must
Avarice
Real
Thereby
Much
Regulation
Long
Improvement
Always
Injustice
Obstruct
Hurt
Shortsighted
More quotes by Adam Smith
Man, an animal that makes bargains.
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The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
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Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.
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Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own maintenance, and of his masters profits. The labour of a menial servant, on the contrary, adds to the value of nothing.
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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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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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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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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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What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
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A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.
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Corn is a necessary, silver is only a superfluity.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.
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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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Man naturally desires, not only to be loved, but to be lovely or to be that thing which is the natural and proper object of love.
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The ancient Egyptians had a superstitious antipathy to the sea a superstition nearly of the same kind prevails among the Indians and the Chinese have never excelled in foreign commerce.
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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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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
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There is no art which government sooner learns of another than that of draining money from the pockets of the people.
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I am a beau in nothing but my books.
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