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 SMITHWonder and not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature.
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.
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Consumption is the sole end and purpose of all production.
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Wherever there is great property, there is great inequality.
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Corn is a necessary, silver is only a superfluity.
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I am a beau in nothing but my books.
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A 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.
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I have never known much good done by those who affected to trade for the public good.
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Man, an animal that makes bargains.
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The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
ADAM SMITH -
Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
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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.
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No complaint is more common than that of a scarcity of money.
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Defense is superior to opulence.
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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







