As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
ADAM SMITHThere is no art which government sooner learns of another than that of draining money from the pockets of the people.
More Adam Smith Quotes
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Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.
ADAM SMITH -
He is led by an invisible hand to promote an end which was no part of his intention.
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 -
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
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 -
Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
ADAM SMITH -
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
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 -
Men, like animals, naturally multiply in proportion to the means of their subsistence.
ADAM SMITH -
No complaint is more common than that of a scarcity of money.
ADAM SMITH -
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.
ADAM SMITH -
Labor was the first price, the original purchase – money that was paid for all things.
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.
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 -
On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
ADAM SMITH