The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
ADAM SMITHA gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.
More Adam Smith Quotes
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What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
ADAM SMITH -
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
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 -
Consumption is the sole end and purpose of all production.
ADAM SMITH -
Beneficence is always free, it cannot be extorted by force.
ADAM SMITH -
Nothing but the most exemplary morals can give dignity to a man of small fortune.
ADAM SMITH -
An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.
ADAM SMITH -
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 SMITH -
Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.
ADAM SMITH -
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
ADAM SMITH -
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.
ADAM SMITH -
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
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 -
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 -
Every man lives by exchanging.
ADAM SMITH