The division of labour was limited by the extent of the market.
ADAM SMITH
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.
More Adam Smith Quotes
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The division of labour was limited by the extent of the market.
ADAM SMITH -
Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
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 -
I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
ADAM SMITH -
It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
ADAM SMITH -
Wonder 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.
ADAM SMITH -
Defense is superior to opulence.
ADAM SMITH -
A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.
ADAM SMITH -
He is led by an invisible hand to promote an end which was no part of his intention.
ADAM SMITH -
The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
ADAM SMITH -
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
ADAM SMITH -
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
ADAM SMITH -
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.
ADAM SMITH -
I am a beau in nothing but my books.
ADAM SMITH -
Labor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH -
On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
ADAM SMITH