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 SMITH
ADAM SMITH
Adam Smith on goodness
“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.”
More Adam Smith quotes
Wherever there is great property, there is great inequality.
Adam SmithAdam Smith 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.
Adam SmithAdam Smith What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
Adam SmithAdam Smith In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
Adam SmithAdam Smith The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Adam SmithAdam 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