I have no faith in political arithmetic.
ADAM SMITHNothing is more graceful than habitual cheerfulness.
More Adam Smith Quotes
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The great secret of education is to direct vanity to proper objects.
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To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
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Labor was the first price, the original purchase – money that was paid for all things.
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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 -
Mercy to the guilty is cruelty to the innocent.
ADAM SMITH -
The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
ADAM SMITH -
The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
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Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
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An English university is a sanctuary in which exploded systems and obsolete prejudices find shelter and protection after they have been . Hunted out of every corner of the world.
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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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He is led by an invisible hand to promote an end which was no part of his intention.
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Defense is superior to opulence.
ADAM SMITH -
Happiness never lays its finger on its pulse.
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The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
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Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.
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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 -
The violence and injustice of the rulers of mankind is an ancient evil, for which, I am afraid, the nature of human affairs can scarce admit a remedy.
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.
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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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Beneficence is always free, it cannot be extorted by force.
ADAM SMITH -
I have never known much good done by those who affected to trade for the public good.
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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.
ADAM SMITH -
It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
ADAM SMITH