We are but one of the multitude, in no respect better than any other in it.
ADAM SMITHMan is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.
More Adam Smith Quotes
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All money is a matter of belief.
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
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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.
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Wherever there is great property, there is great inequality.
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In a militia, the character of the laborer, artificer, or tradesman, predominates over that of the soldier: in a standing army, that of the soldier predominates over every other character.
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Have lots of experiments, but make sure they’re strategically focused.
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A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
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The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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Corn is a necessary, silver is only a superfluity.
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The division of labour was limited by the extent of the market.
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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.
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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.
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I am a beau in nothing but my books.
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The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.
ADAM SMITH -
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
ADAM SMITH