Man, an animal that makes bargains.
ADAM SMITHIt is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
More Adam Smith Quotes
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Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love.
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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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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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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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When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
ADAM SMITH -
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.
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We are but one of the multitude, in no respect better than any other in 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.
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.
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Nothing but the most exemplary morals can give dignity to a man of small fortune.
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Every man lives by exchanging.
ADAM SMITH -
Labour was the first price, the original purchase – money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
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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 -
Happiness never lays its finger on its pulse.
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







