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Adam Smith

Read through the most famous quotes from Adam Smith




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


— Adam Smith


#poor #poverty #real #their #tragedy

Happiness never lays its finger on its pulse.


— Adam Smith


#finger #lays #never #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.


— Adam Smith


#consumer #consumption #end #far #interest

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


— Adam Smith


#common #complaint #more #scarcity #than

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


#baker #benevolence #butcher #dinner #expect

I have never known much good done by those who affected to trade for the public good.


— Adam Smith


#done #good #i #known #much

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


— Adam Smith


#consists #enjoyment #greater #parade #part

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


— Adam Smith


#first #labor #money #original #paid

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


#defense #given #innocence #justice #nature

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


#customers #discipline #effectual #employment #exercised






About Adam Smith

Adam Smith Quotes




Did you know about Adam Smith?

Later Marxian economics descending from classical economics also use Smith's labour theories in part. In addition he was in favor of retaliatory tariffs and believed that they would eventually bring down the price of goods. According to Boswell he once told Sir Joshua Reynolds that 'he made it a rule when in company never to talk of what he understood'.

Adam Smith (5 June 1723 OS – 17 July 1790) was a Scottish moral philosopher and a pioneer of political economy. In 2009 Smith was named among the "Greatest Scots" of all time in a vote run by Scottish television channel STV. He died in 1790 at the age of 67.

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