The man scarce lives who is not more credulous than he ought to be. The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
ADAM SMITHIt is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
More Adam Smith Quotes
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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 -
A 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 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 -
The violence and injustice of the rulers of mankind is an ancient evil, for which, I am afraid, the nature of human affairs can scarce admit a remedy.
ADAM SMITH -
The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
ADAM SMITH -
What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
ADAM SMITH -
Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
ADAM SMITH -
Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.
ADAM SMITH -
Every man lives by exchanging.
ADAM SMITH -
By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
Man, an animal that makes bargains.
ADAM SMITH -
Mercantile jealousy is excited, and both inflames, and is itself inflamed, by the violence of national animosity.
ADAM SMITH -
Corn is a necessary, silver is only a superfluity.
ADAM SMITH -
I have no faith in political arithmetic.
ADAM SMITH -
Wherever there is great property, there is great inequality.
ADAM SMITH