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Adam Smith Quotes

Economist and Philosopher
Born On
1723-06-16
Died On
1790-07-17
Birth Place
Kirkcaldy, Scotland
Death Place
Edinburgh
Birth Sign
gemini
Father
Adam Smith
Mother
Margaret Douglas
Nationality
Scottish
Education
Kirkcaldy High School (1729 – 1737), Balliol College, University of Glasgow, University of Edinburgh, University of Oxford

Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.

Adam Smith

Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

Adam Smith

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

Adam Smith

Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence.

Adam Smith

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.

Adam Smith

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.

Adam Smith

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

Adam Smith

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.

Adam Smith

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.

Adam Smith

Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.

Adam Smith

To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature.

Adam Smith

Man, an animal that makes bargains.

Adam Smith

Science is the great antidote to the poison of enthusiasm and superstition.

Adam Smith

The real tragedy of the poor is the poverty of their aspirations.

Adam Smith

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.

Adam Smith

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.

Adam Smith