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Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.
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
Another
Exchange
Ever
Bones
Make
Fairs
Economics
Fair
Dog
Saws
Bone
Nobody
Deliberate
More quotes by Adam Smith
Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
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Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
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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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To hinder, besides, the farmer from selling his goods at all times to the best market, is evidently to sacrifice the ordinary laws of justice to an idea of public utility, to a sort of reasons of state an act of legislative authority which ought to be exercised only, which can be pardoned only in cases of the most urgent necessity.
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
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The world neither ever saw, nor ever will see, a perfectly fair lottery.
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I have never known much good done by those who affected to trade for the public good.
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We are but one of the multitude, in no respect better than any other in it.
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This is one of those cases in which the imagination is baffled by the facts.
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Happiness never lays its finger on its pulse.
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A true party-man hates and despises candour.
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Individual Ambition Serves the Common Good.
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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.
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Science is the great antidote to the poison of enthusiasm and superstition.
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The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
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I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
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In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
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I am always willing to run some hazard of being tedious, in order to be sure that I am perspicuous and, after taking the utmost pains that I can to be perspicuous, some obscurity may still appear to remain upon a subject, in its own nature extremely abstracted.
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All money is a matter of belief.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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