Quote

All jobs are created in direct proportion to the amount of capital employed.

Adam Smith

Change background

T
T
T

Change font

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
Investing
Created
Direct
Amount
Jobs
Employed
Capital
Proportion

More quotes by Adam Smith

Image
Every tax, however, is to the person who pays it a badge, not of slavery but of liberty. It denotes that he is a subject to government, indeed, but that, as he has some property, he cannot himself be the property of a master.
Adam Smith
Image
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
Adam Smith
Image
All registers which, it is acknowledged, ought to be kept secret, ought certainly never to exist.
Adam Smith
Image
Wherever there is great property, there is great inequality.
Adam Smith
Image
Consumption is the sole end and purpose of all production and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith
Image
The annual produce of the land and labour of any nation can be increased in its value by no other means, but by increasing either the number of its productive labourers, or the productive powers of those labourers who had before been employed.
Adam Smith
Image
Mercy to the guilty is cruelty to the innocent.
Adam Smith
Image
Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
Adam Smith
Image
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.
Adam Smith
Image
Nothing is more graceful than habitual cheerfulness.
Adam Smith
Image
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.
Adam Smith
Image
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.
Adam Smith
Image
Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable but it is sometimes otherwise when in favor of the masters.
Adam Smith
Image
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.
Adam Smith
Image
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Adam Smith
Image
Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
Adam Smith
Image
Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
Adam Smith
Image
To subject every private family to the odious visits and examination of the tax-gatherers ... would be altogether inconsistent with liberty.
Adam Smith
Image
Man, an animal that makes bargains.
Adam Smith
Image
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