The world neither ever saw, nor ever will see, a perfectly fair lottery.
ADAM SMITHAsk any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
More Adam Smith Quotes
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He is led by an invisible hand to promote an end which was no part of his intention.
ADAM SMITH -
Defense is superior to opulence.
ADAM SMITH -
Have lots of experiments, but make sure they’re strategically focused.
ADAM SMITH -
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.
ADAM SMITH -
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 -
In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
ADAM SMITH -
Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
ADAM SMITH -
All money is a matter of belief.
ADAM SMITH -
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 -
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.
ADAM SMITH -
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.
ADAM SMITH -
What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
ADAM SMITH -
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
ADAM SMITH -
The game women play is men.
ADAM SMITH -
Men, like animals, naturally multiply in proportion to the means of their subsistence.
ADAM SMITH







