Quote

It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.

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
Nations
Freeman
Age
Accordingly
Comes
Performed
Experience
Cheaper
Ends
Slaves
Done
Ages
Work
Appears
Believe
Slave
Freemen

More quotes by 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
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.
Adam Smith
Image
This is one of those cases in which the imagination is baffled by the facts.
Adam Smith
Image
The great secret of education is to direct vanity to proper objects.
Adam Smith
Image
We are but one of the multitude, in no respect better than any other in it.
Adam Smith
Image
The uniform, constant, and uninterrupted effort of every man to better his condition . . . is frequently powerful enough to maintain the natural progress of things toward improvement, in spite of the extravagance of government, and of the greatest errors of administration.
Adam Smith
Image
Mercy to the guilty is cruelty to the innocent.
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
The division of labour was limited by the extent of the market
Adam Smith
Image
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.
Adam Smith
Image
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.
Adam Smith
Image
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
Adam Smith
Image
I have no faith in political arithmetic.
Adam Smith
Image
Happiness never lays its finger on its pulse.
Adam Smith
Image
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.
Adam Smith
Image
The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
Adam Smith
Image
China is a much richer country than any part of Europe.
Adam Smith
Image
No complaint... is more common than that of a scarcity of money.
Adam Smith
Image
It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
Adam Smith
Image
When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.
Adam Smith