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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.
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
Metals
Wealthy
Prosperity
Economics
Nation
Enriched
Economic
Shiny
Nations
Childish
Made
Accumulation
More quotes by Adam Smith
The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.
Adam Smith
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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I have never known much good done by those who affected to trade for the public good.
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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.
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The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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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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China is a much richer country than any part of Europe.
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Humanity is the virtue of a woman, generosity that of a man.
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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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Upstart greatness is everywhere less respected than ancient greatness.
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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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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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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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But poverty, though it does not prevent the generation, is extremely unfavourable to the rearing of children. The tender plant is produced, but in so cold a soil, and so severe a climate, soon withers and dies.
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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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A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.
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All registers which, it is acknowledged, ought to be kept secret, ought certainly never to exist.
Adam Smith
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
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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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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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