Adam Smith

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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?

ConsienceHappinessHealthManMoney

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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.

CompetitionFreedomTradeWork

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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.

FoundationManProperty

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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.

CharacterDifferentGardenHandsIndependentMoneyPayPersonProduction

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Adam Smith

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

AttachmentCitizenshipCountryNecessaryWorld

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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.

EnjoyFulfillHumanLifeManNecessaryPoorRichSatisfaction

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Adam Smith

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

DesireImportantManManagementReturn

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Adam Smith

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

AdviceExperimentFocusStrategy

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Adam Smith

Man, an animal that makes bargains.

AnimalManOne Liner

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Adam Smith

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

FlourishGreatnessHappinessMiseryPoorSociety

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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.

InjusticePriceProfitSociety

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Adam Smith

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

ConversationEndHappinessLeavingPeoplePriceTogethernessTrade

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Adam Smith

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.

FoolsGenerationMoneyProblemRewardSaveWork

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Adam Smith

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

LimitationMarketPrice

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Adam Smith

I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.

FaithGreatnessMyselfPolitics

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Adam Smith

Consumption is the sole end and purpose of all production.

ConsumptionEndProductionPurpose

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Adam Smith

Individual Ambition Serves the Common Good.

AmbitionGoodnessService

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Adam Smith

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

AffectGoodnessMyselfTrade