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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.
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
Therefore
Liberal
Effects
Labour
Cause
Complaining
Wealth
Rewards
Lament
Greatest
Prosperity
Complain
Public
Effect
Increasing
Causes
Population
Affect
Necessary
Reward
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Mercy to the guilty is cruelty to the innocent.
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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.
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The retinue of a grandee in China or Indostan accordingly is, by all accounts, much more numerous and splendid than that of the richest subjects of Europe.
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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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Secrets in manufactures are capable of being longer kept than secrets in trade.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.
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Men of the most robust make, observe that in looking upon sore eyes they often feel a very sensible soreness in their own, which proceeds from the same reason that organ being in the strongest man more delicate, than any other part of the body is in the weakest.
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To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.
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It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.
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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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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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He is led by an invisible hand to promote an end which was no part of his intention
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Problems worthy of attacks, prove their worth by hitting back
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The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.
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Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.
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