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
ADAM SMITH
Adam Smith on active
Adam Smith101 quotes“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.”
Filed under
More from Adam Smith
A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.
Adam SmithAdam Smith The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
Adam SmithAdam 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 SmithAdam Smith Have lots of experiments, but make sure they’re strategically focused.
Adam SmithAdam Smith Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
Adam SmithAdam Smith Man, an animal that makes bargains.
Adam SmithAdam Smith No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam SmithAdam 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 SmithAdam Smith 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 SmithAdam Smith 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 SmithAdam Smith The division of labour was limited by the extent of the market.
Adam SmithAdam Smith I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
Adam SmithAdam Smith Consumption is the sole end and purpose of all production.
Adam SmithAdam Smith Individual Ambition Serves the Common Good.
Adam SmithAdam Smith I have never known much good done by those who affected to trade for the public good.
Adam SmithAdam Smith 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.
Adam SmithAdam Smith
Original quotes
From our community writers
Our only limitation is that we only believe what is visible to our eyes and audible to our ears.
Shilpa GoelShilpa Goel Some days, you will be close to the finish line and still not make it.
Sonia SabnisSonia Sabnis Life-transforming ideas have always come to me through books.
Bell HooksBell Hooks I separated someplace for each person in my heart, But she claimed to be the owner of it.
Moses AlexanderMoses Alexander Modern-day love stories are born not out of love, but a tired mind and a restless heart.
Puneet MehraPuneet Mehra Forcing things only creates more tension in the mind. Let go.
Ayaka HaseAyaka Hase It doesn’t take courage to find peace in the arms of destiny. It takes faith.
Anamika GargAnamika Garg I can’t wait to collect memories from every corner of the earth to splash in the vastness of this beautiful world.
Julia Kellogg HenryJulia Kellogg Henry
Meet the writers
More on active
Grace is everywhere as an active orientation of all created reality toward God.
Karl RahnerKarl Rahner I have to actively put effort into reminding myself of how far I’ve come so I do not only pay attention to how far I have yet to go.
Liliana Arratia ZamoraLiliana Arratia Zamora Love is not a passive state. It is an active force. It is the force of the soul.
Gary ZukavGary Zukav I hope people become inspired to become active in their community. That’s the important thing.
Dolores HuertaDolores Huerta I just keep active – everything thats challenging me, everything that I feel like doing.
Gal GadotGal Gadot Learning is an active process. We learn by doing.. Only knowledge that is used sticks in your mind.
Dale CarnegieDale Carnegie The racist rhetoric from politicians is inspiring people to organize, as more people see what happens by not getting active.
Dolores HuertaDolores Huerta Untrained warriors are soon killed on the battlefield; so also persons untrained in the art of preserving their inner peace are quickly riddled by the bullets of worry and restlessness in active life.
Paramahansa YoganandaParamahansa Yogananda