Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
ADAM SMITH
It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.
More Adam Smith Quotes
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Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
ADAM SMITH -
I have no faith in political arithmetic.
ADAM SMITH -
The 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 SMITH -
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
ADAM SMITH -
All money is a matter of belief.
ADAM SMITH -
Happiness never lays its finger on its pulse.
ADAM SMITH -
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 -
I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
Every man lives by exchanging.
ADAM SMITH -
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 -
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
ADAM SMITH -
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 -
It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.
ADAM SMITH -
A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITH -
He is led by an invisible hand to promote an end which was no part of his intention.
ADAM SMITH -
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.
ADAM SMITH