Adam Smith on fools
Adam Smith101 quotes“The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.”
More from Adam Smith
The world neither ever saw, nor ever will see, a perfectly fair lottery.
Adam SmithAdam Smith Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
Adam SmithAdam Smith I have no faith in political arithmetic.
Adam SmithAdam Smith Never complain of that of which it is at all times in your power to rid yourself.
Adam SmithAdam Smith The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam SmithAdam Smith No complaint is more common than that of a scarcity of money.
Adam SmithAdam Smith Men, like animals, naturally multiply in proportion to the means of their subsistence.
Adam SmithAdam 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 SmithAdam Smith Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.
Adam SmithAdam Smith Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
Adam SmithAdam Smith 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 SmithAdam Smith It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
Adam SmithAdam 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 SmithAdam Smith 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.
Adam SmithAdam Smith What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
Adam SmithAdam Smith Nothing but the most exemplary morals can give dignity to a man of small fortune.
Adam SmithAdam Smith
Original quotes
From our community writers
The more you suffer, the more you awaken.
Ayaka HaseAyaka Hase Keep your faith strong enough to believe that you can manifest and receive what you want.
Lisa RoseLisa Rose Home is where your soul belongs.
Ana SoulfulAna Soulful The right person will never get tired of you.
Sophie SmithSophie Smith You thought it wouldn’t live again. But it will live again.
Carisa DownsCarisa Downs The world is not allowed to make a meal of you, girl. It is there for your consuming.
Nikita GillNikita Gill We all carry the heaviest anchors without anyone having a clue about it.
Aaron BellAaron Bell And you have fast become my weakness, even as you remain my source of strength.
Alma-May NoaAlma-May Noa
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More on fools
Fools multiply when wise men are silent.
Nelson MandelaNelson Mandela If a traveller does not meet with one who is his better, or his equal, let him firmly keep to his solitary journey; there is no companionship with a fool.
Gautama BuddhaGautama Buddha I’ve realized that somebody who’s tired and needs a rest, and goes on working all the same is a fool.
Carl JungCarl Jung A foolish consistency is the hobgoblin of little minds.
Ralph Waldo EmersonRalph Waldo Emerson An intelligent man is sometimes forced to be drunk to spend time with his fools.
Ernest HemingwayErnest Hemingway Power does not corrupt men; fools, however, if they get into a position of power, corrupt power.
George Bernard ShawGeorge Bernard Shaw Only fools use their mouth to speak. A smart man uses his brain, and a wise man uses his heart.
Jack MaJack Ma Before you embark on a journey of revenge, dig two graves.
ConfuciusConfucius
