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Have lots of experiments, but make sure they’re strategically focused.

Adam Smith

No complaint is more common than that of a scarcity of money.
ADAM SMITH

Complaint Money
Happiness never lays its finger on its pulse.
ADAM SMITH

Fingers Happiness Wisdom
Man, an animal that makes bargains.
ADAM SMITH

Animal Man One Liner
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

Luxury Necessary People Price Remember Tax
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

Active Country Greatness Production
Wherever there is great property, there is great inequality.
ADAM SMITH

Equality Greatness Injustice Material Property
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
ADAM SMITH

Ignorance Instruction Intelligence Oneself Order People Stupidity
All money is a matter of belief.
ADAM SMITH

Belief Money One Liner
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

Change Fact Generation Greatness Mathematics Opinion Rule Theory
Individual Ambition Serves the Common Good.
ADAM SMITH

Ambition Goodness Service
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

Active Country Greatness Production
Consumption is the sole end and purpose of all production.
ADAM SMITH

Consumption End Production Purpose
Beneficence is always free, it cannot be extorted by force.
ADAM SMITH

Destroy Force Freedom
I have never known much good done by those who affected to trade for the public good.
ADAM SMITH

Affect Goodness Myself Trade
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 SMITH

Foundation Man Property
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
ADAM SMITH

Chance Learning Nature Success Value

Have lots of experiments, but make sure they’re strategically focused.

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Have lots of experiments, but make sure they’re strategically focused.

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Popular Authors

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