I have no faith in political arithmetic.
ADAM SMITHThe 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.
More Adam Smith Quotes
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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 -
A merchant, it has been said very properly, is not necessarily the citizen of any particular country.
ADAM SMITH -
The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
ADAM SMITH -
Labor was the first price, the original purchase – money that was paid for all things.
ADAM SMITH -
No complaint is more common than that of a scarcity of money.
ADAM SMITH -
Corn is a necessary, silver is only a superfluity.
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 -
It 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 SMITH -
Science is the great antidote to the poison of enthusiasm and superstition.
ADAM SMITH -
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
ADAM SMITH -
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.
ADAM SMITH -
As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.
ADAM SMITH -
On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
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.
ADAM SMITH -
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