Adam Smith
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Adam Smith

1723 - 1790

Economist and Philosopher

Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment

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👨 Man Greatness People Price💵 Money

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All money is a matter of belief
— Adam Smith
InspirationalLifeLoveMyselfShort
Adam Smith Quote - All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind. Free

Adam Smith

All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.

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

Adam Smith

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

Adam Smith Quote - The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour. Free

Adam Smith

The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.

Adam Smith Quote - By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. Free

Adam Smith

By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.

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

Adam Smith

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

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. Free

Adam Smith

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.

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

Adam Smith

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

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

Adam Smith

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

Adam Smith Quote - The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments. Free

Adam Smith

The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.

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. Free

Adam Smith

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.

Adam Smith Quote - Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens. Free

Adam Smith

Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.

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. Free

Adam Smith

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.

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. Free

Adam Smith

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.

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. Free

Adam Smith

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.

Adam Smith Quote - It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country. Free

Adam Smith

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

About Adam Smith

Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment

Notable Works

Adam Smith was a pioneering Scottish philosopher and economist who is universally recognized as the "Father of Modern Capitalism" and the founder of modern economics. He revolutionized the understanding of global markets with his landmark 1776 book, The Wealth of Nations, where he introduced the concept of the "invisible hand" to explain how individual self-interest naturally drives economic prosperity and efficiency. Smith championed foundational concepts like the division of labor, free trade, and free-market capitalism, while also authoring The Theory of Moral Sentiments, a seminal work exploring human empathy and morality that laid the philosophical groundwork for his economic theories.

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