Adam Smith Quotes - Page 2

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• The great secret of education is to direct vanity to proper objects.

  Adam Smith

  Vanity, Secret, Objects

  Adam Smith (1817). “The Theory of Moral Sentiments: Or, An Essay Towards an Analysis of the Principles by which Men Naturally Judge Concerning the Conduct and Character, First of Their Neighbours, and Afterwards of Themselves : to which is Added, A Dissertation on the Origin of Languages”, p.421

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• 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.

  Adam Smith

  Country, Ruins, Rich

  1776 An Inquiry into the Nature and Causes of the Wealth of Nations, bk.1, ch.11, conclusion.

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• Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.

  Adam Smith

  Fear, Vices, Excess

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• An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.

  Adam Smith

  Stupid, Intelligent, People

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• Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.

  Adam Smith

  Reality, Government, Libertarian

  Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.299

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• He is led by an invisible hand to promote an end which was no part of his intention

  Adam Smith

  Ignorance, Invisible Hand, Hands

  An Inquiry into the Nature and Causes of the Wealth of Nations vol. 2, bk. 4, ch. 2 (1776) See Adam Smith 1

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• What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?

  Adam Smith

  Life, Motivational, Positive

  "The Theory of Moral Sentiments".

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• The game women play is men.

  Adam Smith

  Men, Play, Games

  Adam Smith (2015). “The Money Game”, p.83, Open Road Media

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• It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.

  Adam Smith

  Believe, Age, Done

  Adam Smith, Laurence Dickey (1993). “Wealth of Nations (Abridged)”, p.44, Hackett Publishing

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• People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

  Adam Smith

  Invisible Hand, People, Competition

  An Inquiry into the Nature and Causes of the Wealth of Nations vol. 1, bk. 1, ch. 10 (1776)

  90 Copy quote

• It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from regard to their own 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. Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow citizens.

  Adam Smith

  Self, Humanity, Liberty

  Adam Smith (1817). “An inquiry into the nature and causes of the wealth of nations0: With a life of the author : Also a view of the doctrine of Smith, compared with that of the french economists ...”, p.19

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• I have no faith in political arithmetic.

  Adam Smith

  Faith, Math, Political

  "Wealth of Nations". Book by Adam Smith, March 9, 1776.

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• Have lots of experiments, but make sure they're strategically focused.

  Adam Smith

  Experiments, Focused

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• But though empires, like all the other works of men, have all hitherto proved mortal, yet every empire aims at immortality.

  Adam Smith

  Men, Empires, Immortality

  Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.349

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• Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

  Adam Smith

  Purpose, Economics, Purchasing

  Adam Smith (1843). “An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner”, p.177

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• Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.

  Adam Smith

  Money, Men, Rich Or Poor

  Adam Smith (2010). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.36, Cosimo, Inc.

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• 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.

  Adam Smith

  Luxury, People, Expenses

  Adam Smith, John Ramsay McCulloch (1828). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.473

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• Happiness never lays its finger on its pulse.

  Adam Smith

  Happiness, Happy, Pulse

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• 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.

  Adam Smith

  Men, Order, Cases

  Adam Smith (1778). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.390

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• Defense is superior to opulence.

  Adam Smith

  Opulence, Defense, Economy

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• On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.

  Adam Smith

  Cities, Progress, Valleys

  Adam Smith (1978). “Powers of Mind”

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• 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.

  Adam Smith

  Peace, Justice, Littles

  Adam Smith, comte Germain Garnier, Dugald Stewart (1835). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.96

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• 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.

  Adam Smith

  Evil, Violence, Injustice

  Adam Smith (2008). “An Inquiry into the Nature and Causes of the Wealth of Nations: A Selected Edition”, OUP Oxford

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• To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.

  Adam Smith

  Exercise, Perfection, Selfishness

  "The Theory of Moral Sentiments".

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

  Adam Smith

  Jobs, Investing, Proportion

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