Quotes by Adam Smith

• To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature.
• Science is the great antidote to the poison of enthusiasm and superstition.
• With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
• Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
• This is one of those cases in which the imagination is baffled by the facts.
• 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.
• The real tragedy of the poor is the poverty of their aspirations.
• 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.
• 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.
• Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.
• On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
• No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
• No complaint... is more common than that of a scarcity of money.
• What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?
• Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.
• Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
• Labor was the first price, the original purchase - money that was paid for all things.
• 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.
• 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.
• Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
• Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.
• 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.
• I have never known much good done by those who affected to trade for the public good.
• Humanity is the virtue of a woman, generosity that of a man.
• Happiness never lays its finger on its pulse.
• 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.
• Defense is superior to opulence.
• 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.
• All money is a matter of belief.
• 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.
• Dare to be different, for in a world of copies, originality is the true revolution.
• Adversity is the touchstone of character, revealing true strength in the face of challenges.
• Success is not just about reaching your destination, but also enjoying the journey along the way
• The key to success is not just in learning from your mistakes, but in daring to make them in the first place.
• Embrace the challenges in front of you, for they hold the key to unlocking your true potential.
• Life is like a recipe: sometimes it’s messy and doesn’t taste quite right, but every bite gets you closer to crafting your masterpiece.