Adam Smith Quote - 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.

Country Quotes

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.

"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

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Author: Adam Smith
Category: Country
Tags: Country Deep Destruction Fast Poor

More Quotes by Adam Smith

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Adam Smith Quote - The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.

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Deal

ADAM SMITH

Deal Different Manufacture Respect Trade

Adam Smith Quote - Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.

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Destruction

ADAM SMITH

Destruction Greatness Nation Poor Privacy

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

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Flourish

ADAM SMITH

Flourish Greatness Happiness Misery Poor

Adam Smith Quote - A merchant, it has been said very properly, is not necessarily the citizen of any particular country.

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Citizenship

ADAM SMITH

Citizenship Country Necessary Property Trade

Adam Smith Quote - Wonder and not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature.

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Appearance

ADAM SMITH

Appearance Connection Discover Expectation Kind

Adam Smith Quote - Nothing is more graceful than habitual cheerfulness.

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Cheerful

ADAM SMITH

Cheerful Grace Habit Happiness

Adam Smith Quote - The division of labour was limited by the extent of the market.

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Limitation

ADAM SMITH

Limitation Market Price

Adam Smith Quote - It is the natural effect of improvement, however, to diminish gradually the real price of almost all manufactures.

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Affect

ADAM SMITH

Affect Improvement Manufacture Natural Price

Adam Smith Quote - 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.

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Expectation

ADAM SMITH

Expectation Food Interest Job Ourselves

Adam Smith Quote - There is no art which government sooner learns of another than that of draining money from the pockets of the people.

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Art

ADAM SMITH

Art Democracy Government Learning Money

Adam Smith Quote - The great secret of education is to direct vanity to proper objects.

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Direction

ADAM SMITH

Direction Education Greatness Object Secret

Adam Smith Quote - 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.

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Administration

ADAM SMITH

Administration Carry Easy Justice Low

Adam Smith Quote - The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.

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Evidence

ADAM SMITH

Evidence Ideas Ignorance Imagination Learning

Adam Smith Quote - The world neither ever saw, nor ever will see, a perfectly fair lottery.

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Fair

ADAM SMITH

Fair Perfection Right See World

Adam Smith Quote - Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.

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Administration

ADAM SMITH

Administration Country Justice Party Pay

Adam Smith Quote - 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.

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Character

ADAM SMITH

Character Deep Himself Man Reaction

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