Adam Smith Quotes, Real Quotes, Hype Quotes

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.

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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.

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The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities.

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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.

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To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.

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The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.

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I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.

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But poverty, though it does not prevent the generation, is extremely unfavourable to the rearing of children. The tender plant is produced, but in so cold a soil, and so severe a climate, soon withers and dies.

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It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages. Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow citizens.

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Tags : Adam Smith Quotes , Self Quotes , Humanity Quotes

China is a much richer country than any part of Europe.

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Tags : Adam Smith Quotes , Country Quotes , Europe Quotes

Capitals are increased by parsimony, and diminished by prodigalityand misconduct. By what a frugal man annually saves he not onlyaffords maintenance to an additional number of productive hands?but?he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.

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We are delighted to find a person who values us as we value ourselves, and distinguishes us from the rest of mankind, with an attention not unlike that with which we distinguish ourselves.

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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.

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Tags : Adam Smith Quotes , May Quotes , Gains Quotes

When we have read a book or poem so often that we can no longer find any amusement in reading it by ourselves, we can still take pleasure in reading it to a companion. To him it has all the graces of novelty.

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Tags : Adam Smith Quotes , Book Quotes , Reading Quotes

Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.

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The rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.

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The subjects of every state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state ....As Henry Home (Lord Kames) has written, a goal of taxation should be to 'remedy inequality of riches as much as possible, by relieving the poor and burdening the rich.'

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Have lots of experiments, but make sure they're strategically focused.

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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.

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Tags : Adam Smith Quotes , Cities Quotes , Progress Quotes

Good roads, canals, and navigable rivers, by diminishing the expence of carriage, put the remote parts of the country more nearly upon a level with with those of the neighbourhood of the town. They are upon that the greatest of all improvements.

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Tags : Adam Smith Quotes , Country Quotes , Rivers Quotes