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Adam Smith Quotes

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The mind is so rarely disturbed, but that the company of friend will restore it to some degree of tranquility and sedateness  (Adam Smith Quotes) The objects of avarice and ambition differ only in their greatness. A miser is as furious about a halfpenny as the man of ambition about the conquest of a kingdom  (Adam Smith Quotes) Vanity is the foundation of the most ridiculous and contemptible vices - the vices of affectation and common lying  (Adam Smith Quotes) If the chief part of human happiness arises from the consciousness of being beloved, as I believe it does, these sudden changes of fortune seldom contribute much to happiness  (Adam Smith Quotes) Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all  (Adam Smith Quotes) What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom  (Adam Smith Quotes) 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  (Adam Smith Quotes) Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer  (Adam Smith Quotes) Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition  (Adam Smith Quotes) I have never known much good done by those who affected to trade for the public good  (Adam Smith Quotes) 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  (Adam Smith Quotes) 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  (Adam Smith Quotes) 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  (Adam Smith Quotes) The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation  (Adam Smith Quotes) With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches  (Adam Smith Quotes) 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  (Adam Smith Quotes) It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion  (Adam Smith Quotes) Never complain of that of which it is at all times in your power to rid yourself  (Adam Smith Quotes) 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  (Adam Smith Quotes) The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination  (Adam Smith Quotes) Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions  (Adam Smith Quotes) The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with most unnecessary attention but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of man who have folly and presumption enough to fancy himself fit to exercise it  (Adam Smith Quotes) The cheapness of wine seems to be a cause, not of drunkenness, but of sobriety... People are seldom guilty of excess in what is their daily fare... On the contrary, in the countries which, either from excessive heat or cold, produce no grapes, and where wine consequently is dear and a rarity, drunkenness is a common vice  (Adam Smith Quotes) The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. Its object is, in all cases, to maintain the authority of the master, and whether he neglects or performs his duty, to oblige the students in all cases to behave toward him as if he performed it with the greatest diligence and ability  (Adam Smith Quotes) The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from nature, as from habit, custom, and education  (Adam Smith Quotes) Every man is, no doubt, by nature, first and principally recommended to his own care; and as he is fitter to take care of himself than of any other person, it is fit and right that it should be so  (Adam Smith Quotes)
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