Adam Smith was a Scottish political economist and philosopher. He has become famous by his influential book The Wealth of Nations (1776). Smith was the son of the comptroller of the customs at Kirkcaldy, Fife, Scotland. Post has inspiring quotes by Adam Smith.
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Famous Quotes by 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.
The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
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.
All money is a matter of belief.
Science is the great antidote to the poison of enthusiasm and superstition.
Happiness never lays its finger on its pulse.
What can be added to the happiness of a man who is in health out of debt and has a clear conscience?
What can be added to the happiness of a man who is in health out of debt and has a clear conscience?
Poor David Hume is dying fast but with more real cheerfulness and good humor and with more real resignation to the necessary course of things than any whining Christian ever dyed with pretended resignation to the will of God.
This is one of those cases in which the imagination is baffled by the facts.
No complaint… is more common than that of a scarcity of money.
Labour was the first price the original purchase – money that was paid for all things. It was not by gold or by silver but by labour that all wealth of the world was originally purchased.
All money is a matter of belief.
Labor was the first price the original purchase – money that was paid for all things.
To feel much for others and little for ourselves to restrain our selfishness and exercise our benevolent affections constitute the perfection of human nature.
Resentment seems to have been given us by nature for a defense and for a defense only! It is the safeguard of justice and the security of innocence.
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace easy taxes and a tolerable administration of justice: all the rest being brought about by the natural course of things.
Science is the great antidote to the poison of enthusiasm and superstition.
Adventure upon all the tickets in the lottery and you lose for certain and the greater the number of your tickets the nearer your approach to this certainty.
No society can surely be flourishing and happy of which the far greater part of the members are poor and miserable.
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