compendium of quotes Adam Smith (1723-1790), Scottish philosopher and economist. It is famous for his treatise Economic Inquiry into the Nature and Causes of the Wealth of Nations also called Wealth of Nations. It is considered as one of the founding texts of the "classical school".
"A merchant is a citizen of the world because it is necessarily any particular country. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" What every thing really costs to those who want to get it is work and that the sentence he must win to get it. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The capital increase by the economy ; It decreases by prodigality and misconduct. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The wages of labor vary depending on whether the job is easy or hard, clean or dirty, honorable or despised. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The interest of the annuitant, like the employee who sees his pay rise when the national wealth is increasing inseparably linked to the general interest of society. Instead the interest of merchants and master manufacturers opposed the interests of society. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" This is not from the benevolence of the butcher, the brewer and the baker that we expect our dinner but the care they relate to their interests. We address ourselves not to their humanity but to their selfishness. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"Every individual is continually every effort to search for any capital at his disposal, the most advantageous employment: it is true that his own profit he had in mind, not the society, but the care he gives himself to find his personal benefit the lead naturally, or rather necessarily, specifically to prefer this type of work that stands to be most advantageous to society. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" An individual is enriched employ a multitude of workmen manufacturers, he lost at maintaining a multitude of servants. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" What is annually saved is as regularly consumed as what is annually spent, and he was also close in At the same time. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Salary, benefits, annuities are the three original sources of all income, as well as any exchangeable value. Any other income derived, ultimately one or other of these three sources. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The quantity and value of the land that a man possesses can never be a secret, and can still note with great precision. But the sum total of what he has capital is almost always a secret. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" No society can prosper and be happy, in which most members are poor and miserable. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The lack of economy in time of peace, imposes the need to incur debt in times of war. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" It is simply that what is usually the product of two days or hours of work, worth the double that usually requires one day or one hour of work. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"But the principle that impels us to save is the desire to improve our lot; desire that in general, indeed, is calm and dispassionate, but that comes with us and leaves us at the tomb. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The Birth and fortune are evidently the two circumstances which contribute most to put a man on top of a another. These are the two major sources of personal distinction, and it is therefore the main plateaux which naturally establish authority and subordination among men. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The authority given by the fortune is very great, even in a civilized and wealthy. In all periods of society, consistent with some significant wealth inequality, there is none in which we do is constantly complains that this sort of authority prevailed over that of age or merit staff ... "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"All for ourselves and nothing for others is the vile maxim seems to have been in all ages, the masters of mankind. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The great commerce of every civilized society is one that is between the townspeople and those from the countryside . "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The money loaned at interest are always regarded by the lender as a capital. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Great nations do not become poorer by prodigality and misconduct of individuals, but sometimes by those of many their government. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The capital increase by the economy, they diminish the prodigality and misconduct. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"The immediate cause of the increase of capital, the economy, not the industry. In truth, the industry provides the raw savings that is the economy, but some gains that make the industry, without which the economy and raises savings, capital would never be greater. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Any part of a man uses his money as capital, he still expects it will return with him a profit. It therefore employs to keep employees productive and, having done to him, Office of capital, the same portion of funds as income to workers. Whenever he uses some of these funds to maintain non-productive workers of any kind whatever, from that moment that part is removed from its capital and paid into the fund reserved for immediate consumption . "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" When people of a country have enough confidence in the fortune, probity and wisdom of a banker to believe always ready to pay cash for their tickets and commitments and, in some quantity that it can have both, then those tickets end up having the same course as the currency of gold and silver, because of the certainty that ad'en make money at any time. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Every fixed capital comes originally from a circulating capital, and needs to be continuously maintained at the expense of circulating capital. All useful machines and instruments of trade are, in principle, derived from a circulating capital, which provides the materials they are made and livelihoods of workers who make them. To keep constantly in good condition, he must still resort to a capital like that. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" No fixed capital can not provide income by means of a circulating capital. Machinery and instruments of trade the most valuable produce nothing without a circulating capital, which provide them the material they are clean to implement, and livelihoods of workers who use them. Some improvement may be the earth, it will not make revenue without a circulating capital which do survive the workers who grow and those that collect the product. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The both fixed and circulating capital have no other purpose than to maintain and increase the funds consumption. It is the fund that feeds, clothes and houses the people. People are rich or poor, depending on whether the fund to be used immediately to their consumption is in the case of being supplied, with abundance or sparingly, in these two capitals. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" In all countries where people and properties are somewhat protected, any man who is called the common sense, seek to use the accumulated fund is available to it whatsoever, so as to remove, or enjoyment at the moment, or a profit for the future. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"A merchant is a citizen of the world because it is necessarily any particular country. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" What every thing really costs to those who want to get it is work and that the sentence he must win to get it. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The capital increase by the economy ; It decreases by prodigality and misconduct. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The wages of labor vary depending on whether the job is easy or hard, clean or dirty, honorable or despised. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The interest of the annuitant, like the employee who sees his pay rise when the national wealth is increasing inseparably linked to the general interest of society. Instead the interest of merchants and master manufacturers opposed the interests of society. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" This is not from the benevolence of the butcher, the brewer and the baker that we expect our dinner but the care they relate to their interests. We address ourselves not to their humanity but to their selfishness. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"Every individual is continually every effort to search for any capital at his disposal, the most advantageous employment: it is true that his own profit he had in mind, not the society, but the care he gives himself to find his personal benefit the lead naturally, or rather necessarily, specifically to prefer this type of work that stands to be most advantageous to society. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" An individual is enriched employ a multitude of workmen manufacturers, he lost at maintaining a multitude of servants. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" What is annually saved is as regularly consumed as what is annually spent, and he was also close in At the same time. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Salary, benefits, annuities are the three original sources of all income, as well as any exchangeable value. Any other income derived, ultimately one or other of these three sources. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The quantity and value of the land that a man possesses can never be a secret, and can still note with great precision. But the sum total of what he has capital is almost always a secret. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" No society can prosper and be happy, in which most members are poor and miserable. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The lack of economy in time of peace, imposes the need to incur debt in times of war. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" It is simply that what is usually the product of two days or hours of work, worth the double that usually requires one day or one hour of work. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"But the principle that impels us to save is the desire to improve our lot; desire that in general, indeed, is calm and dispassionate, but that comes with us and leaves us at the tomb. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The Birth and fortune are evidently the two circumstances which contribute most to put a man on top of a another. These are the two major sources of personal distinction, and it is therefore the main plateaux which naturally establish authority and subordination among men. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The authority given by the fortune is very great, even in a civilized and wealthy. In all periods of society, consistent with some significant wealth inequality, there is none in which we do is constantly complains that this sort of authority prevailed over that of age or merit staff ... "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"All for ourselves and nothing for others is the vile maxim seems to have been in all ages, the masters of mankind. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The great commerce of every civilized society is one that is between the townspeople and those from the countryside . "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The money loaned at interest are always regarded by the lender as a capital. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Great nations do not become poorer by prodigality and misconduct of individuals, but sometimes by those of many their government. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The capital increase by the economy, they diminish the prodigality and misconduct. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
"The immediate cause of the increase of capital, the economy, not the industry. In truth, the industry provides the raw savings that is the economy, but some gains that make the industry, without which the economy and raises savings, capital would never be greater. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Any part of a man uses his money as capital, he still expects it will return with him a profit. It therefore employs to keep employees productive and, having done to him, Office of capital, the same portion of funds as income to workers. Whenever he uses some of these funds to maintain non-productive workers of any kind whatever, from that moment that part is removed from its capital and paid into the fund reserved for immediate consumption . "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" When people of a country have enough confidence in the fortune, probity and wisdom of a banker to believe always ready to pay cash for their tickets and commitments and, in some quantity that it can have both, then those tickets end up having the same course as the currency of gold and silver, because of the certainty that ad'en make money at any time. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" Every fixed capital comes originally from a circulating capital, and needs to be continuously maintained at the expense of circulating capital. All useful machines and instruments of trade are, in principle, derived from a circulating capital, which provides the materials they are made and livelihoods of workers who make them. To keep constantly in good condition, he must still resort to a capital like that. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" No fixed capital can not provide income by means of a circulating capital. Machinery and instruments of trade the most valuable produce nothing without a circulating capital, which provide them the material they are clean to implement, and livelihoods of workers who use them. Some improvement may be the earth, it will not make revenue without a circulating capital which do survive the workers who grow and those that collect the product. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" The both fixed and circulating capital have no other purpose than to maintain and increase the funds consumption. It is the fund that feeds, clothes and houses the people. People are rich or poor, depending on whether the fund to be used immediately to their consumption is in the case of being supplied, with abundance or sparingly, in these two capitals. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
" In all countries where people and properties are somewhat protected, any man who is called the common sense, seek to use the accumulated fund is available to it whatsoever, so as to remove, or enjoyment at the moment, or a profit for the future. "
Adam Smith, Inquiry into the Nature and Causes of the Wealth of Nations, 1776
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