Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
ADAM SMITHMen desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
More Adam Smith Quotes
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITH -
Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
ADAM SMITH -
The man scarce lives who is not more credulous than he ought to be. The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
ADAM SMITH -
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
ADAM SMITH -
To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.
ADAM SMITH -
Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.
ADAM SMITH -
It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
ADAM SMITH -
In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
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 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 -
Beneficence is always free, it cannot be extorted by force.
ADAM 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 SMITH -
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
ADAM SMITH -
Individual Ambition Serves the Common Good.
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







