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But what all the violence of the feudal institutions could never have effected, the silent and insensible operation of foreign commerce and manufactures gradually brought about.
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
Violence
Operation
Never
Gradually
Commerce
Operations
Foreign
Manufactures
Brought
Feudal
Institutions
Effected
Silent
Insensible
More quotes by Adam Smith
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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Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
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It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
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It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
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The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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In ease of body, peace of mind, all the different ranks of life are nearly upon a level and the beggar who suns himself by the side of the highway, possesses that security which kings are fighting for.
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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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Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
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Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
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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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All registers which, it is acknowledged, ought to be kept secret, ought certainly never to exist.
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The sneaking arts of underling tradesmen are thus erected into political maxims for the conduct of a great empire for it is the most underling tradesmen only who make it a rule to employ chiefly their own customers. A great trader purchases his good always where they are cheapest and best, without regard to any little interest of this kind.
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Mercy to the guilty is cruelty to the innocent.
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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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Problems worthy of attacks, prove their worth by hitting back
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The world neither ever saw, nor ever will see, a perfectly fair lottery.
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Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
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