Quote

The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.

Adam Smith

Change background

T
T
T

Change font

TAGS & TOPICS

Adam Smith
Age: 67 †
Born: 1723
Born: June 16
Died: 1790
Died: July 17
Economist
Non-Fiction Writer
Philosopher
University Teacher
Writer
Lang Toun
Made
Maintenance
Safety
Private
Road
Property
High
Cannot
Persons
Tolls

More quotes by Adam Smith

Image
In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
Adam Smith
Image
The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
Adam Smith
Image
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam Smith
Image
Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
Adam Smith
Image
The machines that are first invented to perform any particular movement are always the most complex, and succeeding artists generally discover that, with fewer wheels, with fewer principles of motion, than had originally been employed, the same effects may be more easily produced. The first systems, in the same manner, are always the most complex.
Adam Smith
Image
A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.
Adam Smith
Image
I have never known much good done by those who affected to trade for the public good.
Adam Smith
Image
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
Adam Smith
Image
Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties and, if they were not, they would perform their duty still worse than they actually perform it.
Adam Smith
Image
As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
Adam Smith
Image
All money is a matter of belief.
Adam Smith
Image
Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
Adam Smith
Image
Secrets in manufactures are capable of being longer kept than secrets in trade.
Adam Smith
Image
China is a much richer country than any part of Europe.
Adam Smith
Image
The division of labour was limited by the extent of the market
Adam Smith
Image
I am a beau in nothing but my books.
Adam Smith
Image
But poverty, though it does not prevent the generation, is extremely unfavourable to the rearing of children. The tender plant is produced, but in so cold a soil, and so severe a climate, soon withers and dies.
Adam Smith
Image
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.
Adam Smith
Image
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.
Adam Smith
Image
He is led by an invisible hand to promote an end which was no part of his intention
Adam Smith