A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITHMen, like animals, naturally multiply in proportion to the means of their subsistence.
More Adam Smith Quotes
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Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.
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Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence.
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All money is a matter of belief.
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Consumption is the sole end and purpose of all production.
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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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The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
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To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.
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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.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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The 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.
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The 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.
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Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
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It 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.
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Happiness never lays its finger on its pulse.
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How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
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In 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.
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People 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 SMITH -
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
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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.
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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.
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We are but one of the multitude, in no respect better than any other in it.
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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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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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Wherever there is great property, there is great inequality.
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Beneficence is always free, it cannot be extorted by force.
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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.
ADAM SMITH