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Consumption is the sole end and purpose of all production.

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
Consumption
Sole
Production
Productions
Purpose
Ends
Promoting

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The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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Science is the great antidote to the poison of enthusiasm and superstition.
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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.
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By nature a philosopher is not in genius and disposition half so different from a street porter, as a mastiff is from a greyhound
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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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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
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By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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Though the profusion of Government must undoubtedly have retarded the natural progress of England to wealth and improvement, it has not been able to stop it.
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The mob, when they are gazing at a dancer on the slack rope, naturally writhe and twist and balance their own bodies, as they see him do.
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Humanity is the virtue of a woman, generosity that of a man.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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Have lots of experiments, but make sure they're strategically focused.
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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.
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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.
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The rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
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The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.
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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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Defense is superior to opulence.
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We are delighted to find a person who values us as we value ourselves, and distinguishes us from the rest of mankind, with an attention not unlike that with which we distinguish ourselves.
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