Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
ADAM SMITHMercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
ADAM SMITHThe man scarce lives who is not more credulous than he ought to be. The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
ADAM SMITHA nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.
ADAM SMITHThe theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
ADAM SMITHThe real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
ADAM SMITHThe propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
ADAM SMITHIn ease of body, peace of mind, all the different ranks of life are nearly upon a level and the beggar who suns himself by the side of the highway, possesses that security which kings are fighting for.
ADAM SMITHPeople 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 SMITHThe interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
ADAM SMITHMen, like animals, naturally multiply in proportion to the means of their subsistence.
ADAM SMITHIt is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
ADAM SMITHI have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
ADAM SMITHMan is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
ADAM SMITHConsumption is the sole end and purpose of all production.
ADAM SMITHGreat nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITHLabor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH