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 SMITHI have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
More Adam Smith Quotes
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
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 -
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
ADAM SMITH -
Have lots of experiments, but make sure they’re strategically focused.
ADAM SMITH -
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
ADAM SMITH -
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
ADAM SMITH -
Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
ADAM SMITH -
He is led by an invisible hand to promote an end which was no part of his intention.
ADAM SMITH -
It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
ADAM SMITH -
Every man lives by exchanging.
ADAM SMITH -
No complaint is more common than that of a scarcity of money.
ADAM SMITH -
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 -
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 -
Defense is superior to opulence.
ADAM SMITH -
Nothing is more graceful than habitual cheerfulness.
ADAM SMITH