A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
ADAM SMITHA very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
ADAM SMITHNothing is more graceful than habitual cheerfulness.
ADAM SMITHIt is not for its own sake that men desire money, but for the sake of what they can purchase with it.
ADAM SMITHI have never known much good done by those who affected to trade for the public good.
ADAM SMITHIt appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
ADAM SMITHGreat nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
ADAM SMITHHave lots of experiments, but make sure they’re strategically focused.
ADAM SMITHNobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.
ADAM SMITHThe proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.
ADAM SMITHA merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITHThe division of labour was limited by the extent of the market.
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 SMITHIn ease of body, peace of mind, all the different ranks of life are nearly upon a level and the beggar who suns himself by the side of the highway, possesses that security which kings are fighting for.
ADAM SMITHNever complain of that of which it is at all times in your power to rid yourself.
ADAM SMITHEvery tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
ADAM SMITHLabor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH