Defense is superior to opulence.
ADAM SMITHThe 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.
More Adam Smith Quotes
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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.
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It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
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Every man lives by exchanging.
ADAM SMITH -
The 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 SMITH -
Beneficence is always free, it cannot be extorted by force.
ADAM SMITH -
I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
ADAM SMITH -
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
ADAM SMITH -
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
ADAM SMITH -
It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.
ADAM SMITH -
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
ADAM SMITH -
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
ADAM SMITH -
Ask 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 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 SMITH -
The 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 SMITH