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It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
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
Purchase
Sake
Desire
Money
Men
More quotes by Adam Smith
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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Nothing is more graceful than habitual cheerfulness.
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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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Beneficence is always free, it cannot be extorted by force.
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The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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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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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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A true party-man hates and despises candour.
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The liberal reward of labour, therefore, as it is the affect of increasing wealth, so it is the cause of increasing population. To complain of it, is to lament over the necessary effect and cause of the greatest public prosperity.
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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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What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
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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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By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.
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Wonder... and not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature.
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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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No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged.
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Consumption is the sole end and purpose of all production.
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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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