Adam Smith Quotes, Empathy Quotes, Dancer Quotes

The mob, when they are gazing at a dancer on the slack rope, naturally writhe and twist and balance their own bodies, as they see him do.

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Tags : Adam Smith Quotes , Empathy Quotes , Dancer Quotes

Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.

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Tags : Adam Smith Quotes , Practice Quotes , Principles Quotes

No complaint... is more common than that of a scarcity of money.

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Tags : Adam Smith Quotes , Money Quotes , Reality Quotes

It seldom happens, however, that a great proprietor is a great improver.

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Tags : Adam Smith Quotes

Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.

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Tags : Adam Smith Quotes , Men Quotes , Thinking Quotes

Avarice and injustice are always shortsighted, and they did not foresee how much this regulation must obstruct improvement, and thereby hurt in the long-run the real interest of the landlord.

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Tags : Adam Smith Quotes , Running Quotes , Hurt Quotes

It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.

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Tags : Adam Smith Quotes , Kings Quotes , Invisible Hand Quotes

That this is the source of our fellow-feeling for the misery of others, that it is by changing places in fancy with the sufferer, that we come either to conceive or to be affected by what he feels, may be demonstrated by many obvious observations, if it should not be thought sufficiently evident of itself. When we see a stroke aimed and just ready to fall upon the leg or arm of another person, we naturally shrink and draw back our own leg or our own arm; and when it does fall, we feel it in some measure, and are hurt by it as well as the sufferer.

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Tags : Adam Smith Quotes , Hurt Quotes , Fall Quotes

A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.

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Tags : Adam Smith Quotes , Competition Quotes , Secret Quotes

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.

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Tags : Adam Smith Quotes , Division Of Labor Quotes , Skills Quotes

Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.

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Tags : Adam Smith Quotes , Dog Quotes , Saws Quotes

Every tax, however, is to the person who pays it a badge, not of slavery but of liberty. It denotes that he is a subject to government, indeed, but that, as he has some property, he cannot himself be the property of a master.

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Tags : Adam Smith Quotes , Government Quotes , Liberty Quotes

Corn is a necessary, silver is only a superfluity.

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Tags : Adam Smith Quotes , Corn Quotes

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.

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Tags : Adam Smith Quotes , Money Quotes , Labour Movement Quotes

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.

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Tags : Adam Smith Quotes , Government Quotes , Upset Quotes

Though the profusion of Government must undoubtedly have retarded the natural progress of England to wealth and improvement, it has not been able to stop it.

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Tags : Adam Smith Quotes , Government Quotes , Progress Quotes

It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

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Tags : Adam Smith Quotes , Progressive Taxation Quotes , Rich Quotes

The ancient Egyptians had a superstitious antipathy to the sea; a superstition nearly of the same kind prevails among the Indians; and the Chinese have never excelled in foreign commerce.

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Tags : Adam Smith Quotes , Sea Quotes , Chinese Quotes

The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.

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Tags : Adam Smith Quotes , Minorities Quotes , Rewards Quotes

Both ground- rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents, and the ordinary rent of land are, therefore, perhaps the species of revenue which can best bear to have a peculiar tax imposed upon them.

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Tags : Adam Smith Quotes , Real Quotes , Land Quotes