Adam Smith Quote - I have no faith in political arithmetic.

Belief Quotes

I have no faith in political arithmetic.

"I have no faith in political arithmetic."

— Adam Smith

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Author: Adam Smith
Category: Belief
Tags: Belief Faith Myself One Liner Politics

More Quotes by Adam Smith

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Adam Smith Quote - It must always be remembered, however, that it is the luxuries, and not the necessary expense of the inferior ranks of people, that ought ever to be taxed.

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Luxury

ADAM SMITH

Luxury Necessary People Price Remember

Adam Smith Quote - A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural.

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Earth

ADAM SMITH

Earth Generation Mad Nature Power

Adam Smith Quote - The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.

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Cost

ADAM SMITH

Cost Man Price Reality Trouble

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 the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.

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Economy

ADAM SMITH

Economy Greatness King People Pretend

Adam Smith Quote - The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.

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Fools

ADAM SMITH

Fools Generation Money Problem Reward

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

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Economy

ADAM SMITH

Economy Money Price Work

Adam Smith Quote - An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.

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Ignorance

ADAM SMITH

Ignorance Instruction Intelligence Oneself Order

Adam Smith Quote - Men, like animals, naturally multiply in proportion to the means of their subsistence.

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Animal

ADAM SMITH

Animal Born Man Natural Science

Adam Smith Quote - A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.

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Character

ADAM SMITH

Character Different Garden Hands Independent

Adam Smith Quote - Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.

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Defense

ADAM SMITH

Defense Government Institution Poor Property

Adam Smith Quote - Happiness never lays its finger on its pulse.

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Fingers

ADAM SMITH

Fingers Happiness Wisdom

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

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Affect

ADAM SMITH

Affect Goodness Myself Trade

Adam Smith Quote - Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.

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Employment

ADAM SMITH

Employment Greatness Laughter Man People

Adam Smith Quote - In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.

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Himself

ADAM SMITH

Himself Man Necessary Work

Adam Smith Quote - That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.

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Chance

ADAM SMITH

Chance Learning Nature Success Value

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