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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
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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
People
Requires
Fortune
Perhaps
Public
Education
Attention
Rank
Society
Commercial
Common
Civilized
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The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
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A true party-man hates and despises candour.
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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
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The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
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The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
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The principle which prompts to save is the desire of bettering our conditiona desire which?comes with us from the womb and never leaves us till we go into the grave.
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That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue and that the contempt, of which vice and folly are the only proper objects, is most often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.
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Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
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To subject every private family to the odious visits and examination of the tax-gatherers ... would be altogether inconsistent with liberty.
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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.
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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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In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
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It seldom happens, however, that a great proprietor is a great improver.
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China is a much richer country than any part of Europe.
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An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
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