All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
ADAM SMITHOn the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
More Adam Smith Quotes
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Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
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.
ADAM SMITH -
A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
ADAM SMITH -
Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
ADAM SMITH -
Have lots of experiments, but make sure they’re strategically focused.
ADAM SMITH -
The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
ADAM SMITH -
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
ADAM SMITH -
As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
ADAM SMITH -
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.
ADAM SMITH -
The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
ADAM SMITH -
All money is a matter of belief.
ADAM SMITH -
Defense is superior to opulence.
ADAM SMITH -
Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love.
ADAM SMITH -
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
ADAM SMITH -
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
ADAM SMITH