Defense is superior to opulence.
ADAM SMITHEvery man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
More Adam Smith Quotes
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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
ADAM SMITH -
I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
I have no faith in political arithmetic.
ADAM SMITH -
Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITH -
Never complain of that of which it is at all times in your power to rid yourself.
ADAM SMITH -
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
ADAM SMITH -
It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
ADAM SMITH -
Have lots of experiments, but make sure they’re strategically focused.
ADAM SMITH -
What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
ADAM SMITH -
In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
ADAM SMITH -
The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.
ADAM SMITH -
Labor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH -
The division of labour was limited by the extent of the market.
ADAM SMITH -
I am a beau in nothing but my books.
ADAM SMITH -
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.
ADAM SMITH