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Adam Smith

Read through the most famous quotes from Adam Smith




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.


— Adam Smith


#after #changes #detail #doing #facts

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


— Adam Smith


#clear #clear conscience #conscience #debt #happiness

Defense is superior to opulence.


— Adam Smith


#opulence #superior

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


— Adam Smith


#humanity #man #virtue #woman

This is one of those cases in which the imagination is baffled by the facts.


— Adam Smith


#cases #facts #imagination #those #which

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


#ambition #desire #directing #great #instrument

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


— Adam Smith


#far #flourishing #greater #happy #members

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

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


— Adam Smith


#benevolent #constitute #exercise #feel #human

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.


— Adam Smith


#become #country #demand #even #land






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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