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

Limitation Quotes

The division of labour was limited by the extent of the market.

"The division of labour was limited by the extent of the market."

— Adam Smith

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Author: Adam Smith
Category: Limitation
Tags: Limitation Market Price

More Quotes by Adam Smith

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Adam Smith Quote - It is not for its own sake that men desire money, but for the sake of what they can purchase with it.

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Desire

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Desire Man Money Power

Adam Smith Quote - Science is the great antidote to the poison of enthusiasm and superstition.

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Belief

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Belief Enthusiasm Medicine Poison Science

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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Buy

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Buy Material Money Price Purpose

Adam Smith Quote - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.

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People

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People Possible Tax Treasure

Adam Smith Quote - 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.

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Gold

ADAM SMITH

Gold Money Pay Price Purchase

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

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Age Believe End Experience Freedom

Adam Smith Quote - Individual Ambition Serves the Common Good.

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Ambition

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Ambition Goodness Service

Adam Smith Quote - A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it’s people.

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Children

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Adam Smith Quote - As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.

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Beginning

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Beginning Control Destruction End Government

Adam Smith Quote - Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.

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Enjoy

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Enjoy Fulfill Human Life Man

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

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Economy Greatness King People Pretend

Adam Smith Quote - In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

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Competition

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Competition Freedom Trade Work

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

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Evidence Exception Fortune Happiness Himself

Adam Smith Quote - Nothing but the most exemplary morals can give dignity to a man of small fortune.

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Dignity

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Dignity Fortune Man Moral Small

Adam Smith Quote - The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.

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Foundation

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Foundation Man Property

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

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