He is led by an invisible hand to promote an end which was no part of his intention.
ADAM SMITHHe is led by an invisible hand to promote an end which was no part of his intention.
More Adam Smith Quotes
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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 -
A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
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 -
I have no faith in political arithmetic.
ADAM SMITH -
The world neither ever saw, nor ever will see, a perfectly fair lottery.
ADAM SMITH -
Happiness never lays its finger on its pulse.
ADAM SMITH -
Wherever there is great property, there is great inequality.
ADAM SMITH -
Corn is a necessary, silver is only a superfluity.
ADAM SMITH -
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
ADAM SMITH -
The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
ADAM SMITH -
The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
ADAM SMITH -
The violence and injustice of the rulers of mankind is an ancient evil, for which, I am afraid, the nature of human affairs can scarce admit a remedy.
ADAM SMITH -
Defense is superior to opulence.
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 SMITH -
The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
ADAM SMITH