Quotes from Adam Smith


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


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


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


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.


Happiness never lays its finger on its pulse.


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.


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.


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


It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.


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.


Defense is superior to opulence.


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.


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


Humanity is the virtue of a woman, generosity that of a man.


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.


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


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


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


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


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.