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Adam Smith Quotes

Adam Smith quotes

Scottish Economist June 5, 1723 – July 17, 1790

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Quotes

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
Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty. Adam Smith
It is the interest of every man to live as much at his ease as he can; and if his emoluments are to be precisely the same, whether he does or does not perform some very laborious duty, it is certainly his interest, at least as interest is vulgarly understood, either to neglect it altogether, or, if he is subject to some authority which will not suffer him to do this, to perform it in as careless and slovenly a manner as that authority will permit. Adam Smith
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. 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
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 self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages Adam Smith
The profligacy of a man of fashion is looked upon with much less contempt and aversion, than that of a man of meaner condition. Adam Smith
Adam Smith quote: "Science is the great antidote to the poison of enthusiasm and..."
Science is the great antidote to the poison of enthusiasm and superstition. Adam Smith
Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions. Adam Smith
The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. Adam Smith
Adam Smith quote: "With the greater part of rich people, the chief enjoyment of..."
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches. Adam Smith
Adam Smith quote: "No complaint... is more common than that of a scarcity of money."
No complaint... is more common than that of a scarcity of money. Adam Smith
Adam Smith quote: "All money is a matter of belief."
All money is a matter of belief. Adam Smith
Adam Smith quote: "Labor was the first price, the original purchase - money that..."
Labor was the first price, the original purchase - money that was paid for all things. Adam Smith
Adam Smith quote: "There is a great deal of ruin in a nation."
There is a great deal of ruin in a nation. Adam Smith

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