Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
ADAM SMITHThe proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
More Adam Smith Quotes
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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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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.
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I am a beau in nothing but my books.
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Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
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How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
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Labor was the first price, the original purchase – money that was paid for all things.
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No complaint is more common than that of a scarcity of money.
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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.
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The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
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The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
ADAM SMITH -
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
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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 -
Nothing but the most exemplary morals can give dignity to a man of small fortune.
ADAM SMITH