An English university is a sanctuary in which exploded systems and obsolete prejudices find shelter and protection after they have been . Hunted out of every corner of the world.
ADAM SMITHAn English university is a sanctuary in which exploded systems and obsolete prejudices find shelter and protection after they have been . Hunted out of every corner of the world.
ADAM SMITHCorn is a necessary, silver is only a superfluity.
ADAM SMITHWherever there is great property, there is great inequality.
ADAM SMITHIt is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
ADAM SMITHLabor was the first price, the original purchase – money that was paid for all things.
ADAM SMITHAsk any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
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 SMITHMan is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
ADAM SMITHAn instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
ADAM SMITHGreat nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITHIt appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
ADAM SMITHA merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITHThere is no art which government sooner learns of another than that of draining money from the pockets of the people.
ADAM SMITHI have no faith in political arithmetic.
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 SMITHA power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.
ADAM SMITH