Every man lives by exchanging.
ADAM SMITHEvery man lives by exchanging.
ADAM SMITHThe 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.
ADAM SMITHA gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.
ADAM SMITHNo society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
ADAM SMITHA merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITHAn 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.
ADAM SMITHJustice, 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.
ADAM SMITHCorn is a necessary, silver is only a superfluity.
ADAM SMITHWonder and not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature.
ADAM SMITHAs 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 SMITHLabor was the first price, the original purchase – money that was paid for all things.
ADAM SMITHIt 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 SMITHIn 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 SMITHHappiness never lays its finger on its pulse.
ADAM SMITHI have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
ADAM SMITHI have never known much good done by those who affected to trade for the public good.
ADAM SMITH