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- Labor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH
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Labor was the first price, the original purchase – money that was paid for all things.
More Adam Smith Quotes
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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 -
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 SMITHEvery 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 -
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 SMITHIt 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 -
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
ADAM SMITHThat the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
ADAM SMITH -
By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.
ADAM SMITHBy pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
ADAM SMITHGoods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
ADAM SMITH -
Man, an animal that makes bargains.
ADAM SMITHMan, an animal that makes bargains.
ADAM SMITH -
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.
ADAM SMITHConsumption 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.
ADAM SMITH -
Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
ADAM SMITHMan is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
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 SMITHThe 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 -
Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
ADAM SMITHVirtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
ADAM 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 SMITH -
It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
ADAM SMITHIt must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
ADAM SMITH -
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
ADAM SMITHNobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
ADAM SMITH -
I have never known much good done by those who affected to trade for the public good.
ADAM SMITHI have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
No complaint is more common than that of a scarcity of money.
ADAM SMITHNo complaint is more common than that of a scarcity of money.
ADAM SMITH


