Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
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
Share
Change background
T
T
T
Change font
Original
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
Therefore
Liberal
Effects
Labour
Cause
Complaining
Wealth
Rewards
Lament
Greatest
Prosperity
Complain
Public
Effect
Increasing
Causes
Population
Affect
Necessary
Reward
More quotes by Adam Smith
All money is a matter of belief.
Adam Smith
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
Problems worthy of attacks, prove their worth by hitting back
Adam Smith
The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast.
Adam Smith
When profit diminishes, merchants are very apt to complain that trade decays though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
Adam Smith
It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
Adam Smith
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.
Adam Smith
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
Adam Smith
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
Adam Smith
It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
Adam Smith
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam Smith
Man naturally desires, not only to be loved, but to be lovely or to be that thing which is the natural and proper object of love.
Adam Smith
All jobs are created in direct proportion to the amount of capital employed.
Adam Smith
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
To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should never be established in it.
Adam Smith
Avarice and injustice are always shortsighted, and they did not foresee how much this regulation must obstruct improvement, and thereby hurt in the long-run the real interest of the landlord.
Adam Smith
Mercy to the guilty is cruelty to the innocent.
Adam Smith
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
Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
Adam Smith
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.
Adam Smith