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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Featured Quote

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. Free

Adam Smith

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.

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. Free

Adam Smith

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.

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

Adam Smith

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

Adam Smith Quote - With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches. Free

Adam Smith

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.

Adam Smith Quote - As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce. Free

Adam Smith

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.

Adam Smith Quote - Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own. Free

Adam Smith

Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.

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. Free

Adam Smith

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

Adam Smith Quote - The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. Free

Adam Smith

The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.

Adam Smith Quote - What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience? Free

Adam Smith

What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?

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. Free

Adam Smith

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.

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. Free

Adam Smith

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.

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. Free

Adam Smith

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.

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

Adam Smith

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

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. Free

Adam Smith

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.

Adam Smith Quote - Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them. Free

Adam Smith

Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.

Adam Smith Quote - Have lots of experiments, but make sure they’re strategically focused. Free

Adam Smith

Have lots of experiments, but make sure they’re strategically focused.

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

Adam Smith

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

Adam Smith Quote - It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society. Free

Adam Smith

It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.

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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