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 SMITHIn 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.
More Adam Smith Quotes
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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 SMITH -
The game women play is men.
ADAM SMITH -
Defense is superior to opulence.
ADAM SMITH -
Science is the great antidote to the poison of enthusiasm and superstition.
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 -
It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
ADAM SMITH -
When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
ADAM SMITH -
Consumption is the sole end and purpose of all production.
ADAM SMITH -
Never complain of that of which it is at all times in your power to rid yourself.
ADAM SMITH -
It is not for its own sake that men desire money, but for the sake of what they can purchase with 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 -
Labour was the first price, the original purchase – money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
ADAM SMITH -
Individual Ambition Serves the Common Good.
ADAM SMITH -
Man, an animal that makes bargains.
ADAM SMITH