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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.

Adam 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 SMITH

Beggar Body Different Fight Himself King Life Mindset Peace Security
The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
ADAM SMITH

Customer Discipline Employment Exercise Fear Lose Man Mistake Reality Work
What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
ADAM SMITH

Consience Happiness Health Man Money
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.
ADAM SMITH

Consumption End Necessary Production Purpose
Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.
ADAM SMITH

Employment Fear Government Independent Instrument Man Order
We are but one of the multitude, in no respect better than any other in it.
ADAM SMITH

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

Complaint Money
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

Conversation End Happiness Leaving People Price Togetherness Trade
As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
ADAM SMITH

Beginning Control Destruction End Government Management Nature Relationship
The great secret of education is to direct vanity to proper objects.
ADAM SMITH

Direction Education Greatness Object Secret
Individual Ambition Serves the Common Good.
ADAM SMITH

Ambition Goodness Service
Corn is a necessary, silver is only a superfluity.
ADAM SMITH

Difference Food Necessary Worth
What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
ADAM SMITH

Family Greatness King Privacy
The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
ADAM SMITH

Animal Man Race
Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITH

Destruction Greatness Nation Poor Privacy
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

Expectation Food Interest Job Ourselves Regard

A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.

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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.

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