I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
ADAM SMITHI have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
ADAM SMITHMan 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.
ADAM SMITHIt is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
ADAM SMITHThe division of labour was limited by the extent of the market.
ADAM SMITHThe real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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 SMITHWhen 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 SMITHThe great secret of education is to direct vanity to proper objects.
ADAM SMITHConsumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
ADAM SMITHWherever there is great property, there is great inequality.
ADAM SMITHThe world neither ever saw, nor ever will see, a perfectly fair lottery.
ADAM SMITHNo society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
ADAM SMITHMercy to the guilty is cruelty to the innocent.
ADAM SMITHAs 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 SMITHThe problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
ADAM SMITHA merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITH