Adam Smith Quotes, Labour Movement Quotes, Labor Day Quotes

Labor was the first price, the original purchase - money that was paid for all things.

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Tags : Adam Smith Quotes , Labour Movement Quotes , Labor Day Quotes

In a militia, the character of the laborer, artificer, or tradesman, predominates over that of the soldier: in a standing army, that of the soldier predominates over every other character.

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Tags : Adam Smith Quotes , Military Quotes , Character 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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Tags : Adam Smith Quotes , Men Quotes , Hands Quotes

It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.

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Tags : Adam Smith Quotes , Benefits Quotes , Unjust Quotes

In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.

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Tags : Adam Smith Quotes , Apology Quotes , May Quotes

Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition.

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Tags : Adam Smith Quotes , Real Quotes , Ambition 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

When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.

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Tags : Adam Smith Quotes , Complaining Quotes , Decay Quotes

Problems worthy of attacks, prove their worth by hitting back

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Tags : Adam Smith Quotes , Hitting Quotes , Problem Quotes

It is not the actual greatness of national wealth, but its continual increase, which occasions a rise in the wages of labour. It is not, accordingly, in the richest countries, but in the most thriving, or in those which are growing rich the fastest, that the wages of labour are highest. England is certainly, in the present times, a much richer country than any part of North America. The wages of labour, however, are much higher in North America than in any part of England.

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Tags : Adam Smith Quotes , Country Quotes , Greatness Quotes

The violence and injustice of the rulers of mankind is an ancient evil, for which, I am afraid, the nature of human affairs can scarce admit a remedy.

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Tags : Adam Smith Quotes , Evil Quotes , Violence Quotes

The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.

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Tags : Adam Smith Quotes , Origin Of Life Quotes , Produce Quotes

The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.

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Tags : Adam Smith Quotes , Men Quotes , Foundation 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

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

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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Tags : Adam Smith Quotes , College Quotes , Discipline Quotes

A sketch of a man facing to the right.

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Tags : Adam Smith Quotes , Men Quotes

To hinder, besides, the farmer from selling his goods at all times to the best market, is evidently to sacrifice the ordinary laws of justice to an idea of public utility, to a sort of reasons of state; an act of legislative authority which ought to be exercised only, which can be pardoned only in cases of the most urgent necessity.

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Tags : Adam Smith Quotes , Sacrifice Quotes , Law Quotes

Nothing is more graceful than habitual cheerfulness.

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Tags : Adam Smith Quotes , Happiness Quotes , Cheerfulness Quotes

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.

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Tags : Adam Smith Quotes , Luxury Quotes , People Quotes