Adam Smith

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

— Adam Smith

#antidote #enthusiasm #great #poison #superstition

The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer. ↗

— Adam Smith

#money

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

— Adam Smith

#conscience #excesses #feared #more #regulation

Problems worthy of attacks, prove their worth by hitting back ↗

— Adam Smith

#economics

What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. ↗

— Adam Smith

#economics #family

Every man lives by exchanging. ↗

— Adam Smith

#exchange #how-life-works #trade #life

The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities. ↗

— Adam Smith

#taxes #wealth #nature

The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another... ↗

— Adam Smith

#life

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

#another #barter #common #exchange #found

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

#first #gold #labour #money #original