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Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.

Adam Smith

I have no faith in political arithmetic.
ADAM SMITH

Belief Faith Myself One Liner Politics
The division of labour was limited by the extent of the market.
ADAM SMITH

Limitation Market Price
Every 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 SMITH

People Possible Tax Treasure
When 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 SMITH

Employment Greatness Loss Natural Profit Prosperity Trade
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

Expectation Food Interest Job Ourselves Regard
Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.
ADAM SMITH

Administration Country Justice Party Pay Performance Reality Responsibility Worst
The great secret of education is to direct vanity to proper objects.
ADAM SMITH

Direction Education Greatness Object Secret
Man, an animal that makes bargains.
ADAM SMITH

Animal Man One Liner
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
ADAM SMITH

Buy Material Money Price Purpose Service
Labor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH

Economy Money Price Work
All money is a matter of belief.
ADAM SMITH

Belief Money One Liner
I am a beau in nothing but my books.
ADAM SMITH

Book Myself
Beneficence is always free, it cannot be extorted by force.
ADAM SMITH

Destroy Force Freedom
The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.
ADAM SMITH

Evidence Ideas Ignorance Imagination Learning
Nothing is more graceful than habitual cheerfulness.
ADAM SMITH

Cheerful Grace Habit Happiness
A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.
ADAM SMITH

Earth Generation Mad Nature Power Property Right

Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.

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Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.

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Popular Authors

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