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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
Make
Fairs
Economics
Fair
Dog
Saws
Bone
Nobody
Deliberate
Another
Exchange
Ever
Bones

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The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.
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This is one of those cases in which the imagination is baffled by the facts.
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A true party-man hates and despises candour.
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In a militia, the character of the laborer, artificer, or tradesman, predominates over that of the soldier: in a standing army, that of the soldier predominates over every other character.
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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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Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.
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All jobs are created in direct proportion to the amount of capital employed.
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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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Upstart greatness is everywhere less respected than ancient greatness.
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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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There is no art which government sooner learns of another than that of draining money from the pockets of the people.
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It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
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It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
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All money is a matter of belief.
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The machines that are first invented to perform any particular movement are always the most complex, and succeeding artists generally discover that, with fewer wheels, with fewer principles of motion, than had originally been employed, the same effects may be more easily produced. The first systems, in the same manner, are always the most complex.
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But though empires, like all the other works of men, have all hitherto proved mortal, yet every empire aims at immortality.
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