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Nothing but the most exemplary morals can give dignity to a man of small fortune.

Adam Smith

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
Consumption is the sole end and purpose of all production.
ADAM SMITH

Consumption End Production Purpose
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
ADAM SMITH

Buy Material Money Price Purpose Service
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
ADAM SMITH

Beggar Choice Citizenship Independent
The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
ADAM SMITH

Corruption Emotion Greatness Moral Ourselves Person Poor Powerful Rich Worship
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.
ADAM SMITH

Engagement Feeling Human Nature Perfection Selfish
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

Enjoy Fulfill Human Life Man Necessary Poor Rich Satisfaction
The division of labour was limited by the extent of the market.
ADAM SMITH

Limitation Market Price
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
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

Himself Man Necessary Work
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.
ADAM SMITH

Age Kind Man Master Ourselves People World
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 SMITH

Competition Freedom Trade Work
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

Active Country Greatness Production
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 SMITH

Injustice Price Profit Society
In a militia, the character of the laborer, artificer, or tradesman, predominates over that of the soldier: in a standing army, that of the soldier predominates over every other character.
ADAM SMITH

Army Character Military Soldier Stand Trade
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
ADAM SMITH

Enjoyment Greatness People Rich

Nothing but the most exemplary morals can give dignity to a man of small fortune.

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Nothing but the most exemplary morals can give dignity to a man of small fortune.

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