Wherever there is great property, there is great inequality.
ADAM SMITH
ADAM SMITH
More Adam Smith quotes
Have lots of experiments, but make sure they’re strategically focused.
Adam SmithAdam Smith Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
Adam SmithAdam Smith Man, an animal that makes bargains.
Adam SmithAdam Smith No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam SmithAdam 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 SmithAdam 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 SmithAdam Smith The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
Adam SmithAdam Smith The division of labour was limited by the extent of the market.
Adam SmithAdam Smith I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
Adam SmithAdam Smith Consumption is the sole end and purpose of all production.
Adam SmithAdam Smith Individual Ambition Serves the Common Good.
Adam SmithAdam Smith I have never known much good done by those who affected to trade for the public good.
Adam SmithAdam Smith In ease of body, peace of mind, all the different ranks of life are nearly upon a level and the beggar who suns himself by the side of the highway, possesses that security which kings are fighting for.
Adam SmithAdam Smith When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
Adam SmithAdam Smith That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
Adam SmithAdam 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 SmithAdam Smith