Adam Smith Quotes, Commodity Quotes, Natural Quotes

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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Tags : Adam Smith Quotes , Commodity Quotes , Natural Quotes

Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to society... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention

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Tags : Adam Smith Quotes , Views Quotes , Hands Quotes

The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.

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The game women play is men.

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A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.

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Tags : Adam Smith Quotes , People Quotes , Prosperity 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

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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All jobs are created in direct proportion to the amount of capital employed.

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The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.

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Tags : Adam Smith Quotes , Opposites Quotes , Competition 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

A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.

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Tags : Adam Smith Quotes , Men Quotes , Race Quotes

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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Tags : Adam Smith Quotes , Country Quotes , Ruins Quotes

The uniform, constant, and uninterrupted effort of every man to better his condition . . . is frequently powerful enough to maintain the natural progress of things toward improvement, in spite of the extravagance of government, and of the greatest errors of administration.

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Tags : Adam Smith Quotes , Powerful Quotes , Men Quotes

Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.

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Tags : Adam Smith Quotes , Men Quotes , Order Quotes

The retinue of a grandee in China or Indostan accordingly is, by all accounts, much more numerous and splendid than that of the richest subjects of Europe.

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Tags : Adam Smith Quotes , Europe Quotes , Splendid Quotes

That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.

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Tags : Adam Smith Quotes , Competition Quotes , Branches 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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Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.

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When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.

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Tags : Adam Smith Quotes , Errors Quotes , Ordinary Quotes

As we have no immediate experience of what other men feel, we can form no idea of the manner in which they are affected, but by conceiving what we ourselves should feel in the like situation.

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Tags : Adam Smith Quotes , Men Quotes , Ideas Quotes