Adam Smith Quotes, Government Quotes, Invisible Hand Quotes

I have never known much good done by those who affected to trade for the public good.

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

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

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Tags : Adam Smith Quotes , Country Quotes , Banking Quotes

Though our brother is upon the rack, as long as we ourselves are at ease, our senses will never inform us of what he suffers. They never did and never can carry us beyond our own persons, and it is by the imagination only that we form any conception of what are his sensations...His agonies, when they are thus brought home to ourselves, when we have this adopted and made them our own, begin at last to affect us, and we then tremble and shudder at the thought of what he feels.

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Tags : Adam Smith Quotes , Brother Quotes , Home Quotes

That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue; and that the contempt, of which vice and folly are the only proper objects, is most often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.

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The division of labour was limited by the extent of the market

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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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Tags : Adam Smith Quotes , Change Quotes , Numbers Quotes

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.

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The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.

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But what all the violence of the feudal institutions could never have effected, the silent and insensible operation of foreign commerce and manufactures gradually brought about.

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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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Individual Ambition Serves the Common Good.

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

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Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love.

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Tags : Adam Smith Quotes , Men Quotes , Lovely Quotes

To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should never be established in it.

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Men, like animals, naturally multiply in proportion to the means of their subsistence.

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Beneficence is always free, it cannot be extorted by force.

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Secrets in manufactures are capable of being longer kept than secrets in trade.

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The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. Its object is, in all cases, to maintain the authority of the master, and whether he neglects or performs his duty, to oblige the students in all cases to behave toward him as if he performed it with the greatest diligence and ability.

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Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.

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Tags : Adam Smith Quotes , Government Quotes , Liberty Quotes

The natural effort of every individual to better his own condition is so powerful that it is alone, and without any assistance, capable not only of carrying on the society to wealth and prosperity, but of surmounting 100 impertinent obstructions with which the folly of human laws too often encumbers its operations.

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Tags : Adam Smith Quotes , Powerful Quotes , Law Quotes