Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
ADAM SMITHWhat can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
More Adam Smith Quotes
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The division of labour was limited by the extent of the market.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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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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Corn is a necessary, silver is only a superfluity.
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Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
ADAM SMITH -
Wonder and not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature.
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The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.
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It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
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I am a beau in nothing but my books.
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.
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The rate of profit is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
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Every man lives by exchanging.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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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 -
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