Adam Smith Quote - Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

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Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

"Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods."

— Adam Smith

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Author: Adam Smith
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More Quotes by Adam Smith

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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 - When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.

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Employment

ADAM SMITH

Employment Greatness Loss Natural Profit

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 - The proprietor of stock is necessarily a citizen of the world, and is not necessarily attached to any particular country.

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Attachment

ADAM SMITH

Attachment Citizenship Country Necessary World

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 - To feel much for others and little for ourselves, that to restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature.

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Engagement

ADAM SMITH

Engagement Feeling Human Nature Perfection

Adam Smith Quote - It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.

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Age

ADAM SMITH

Age Believe End Experience Freedom

Adam Smith Quote - The man scarce lives who is not more credulous than he ought to be. The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.

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Believe

ADAM SMITH

Believe Enough Experience Live Man

Adam Smith Quote - 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.

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Defense

ADAM SMITH

Defense Guard Hate Innocence Justice

Adam Smith Quote - All money is a matter of belief.

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Belief

ADAM SMITH

Belief Money One Liner

Adam Smith Quote - How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.

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Evidence

ADAM SMITH

Evidence Exception Fortune Happiness Himself

Adam Smith Quote - Consumption is the sole end and purpose of all production.

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Consumption

ADAM SMITH

Consumption End Production Purpose

Adam Smith Quote - 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.

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Customer

ADAM SMITH

Customer Discipline Employment Exercise Fear

Adam Smith Quote - Man is an animal that makes bargains: no other animal does this – no dog exchanges bones with another.

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Animal

ADAM SMITH

Animal Attitude Character Dog Man

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

Adam Smith Quote - On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.

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Journey

ADAM SMITH

Journey Myself Path Road

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