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 SMITHA nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.
More Adam Smith Quotes
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Every man lives by exchanging.
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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.
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Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
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The game women play is men.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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Consumption is the sole end and purpose of all production.
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It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
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A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
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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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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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It is not for its own sake that men desire money, but for the sake of what they can purchase with it.
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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
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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.
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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.
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A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.
ADAM SMITH