• Categories
Location |   Home >> Quotes SMS >> Author Wise Quotes >> Adam Smith Quotes
  • Adam Smith Quotes   204
  • In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
    • 6 years ago



    Tags : Adam Smith Quotes , Philosophy Quotes , Simple Quotes
  • Every faculty in one man is the measure by which he judges of the like faculty in another. I judge of your sight by my sight, of your ear by my ear, of your reason by my reason, of your resentment by my resentment, of your love by my love. I neither have, nor can have, any other way of judging about them.
    • 6 years ago



    Tags : Adam Smith Quotes , Men Quotes , Sight Quotes
  • We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.
    • 6 years ago



    Tags : Adam Smith Quotes , Organization Quotes , Ignorant Quotes
  • The annual produce of the land and labour of any nation can be increased in its value by no other means, but by increasing either the number of its productive labourers, or the productive powers of those labourers who had before been employed.
    • 6 years ago



    Tags : Adam Smith Quotes , Mean Quotes , Land Quotes
  • The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
    • 6 years ago



    Tags : Adam Smith Quotes , Origin Of Life Quotes , Produce 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.
    • 6 years ago



    Tags : Adam Smith Quotes , Exercise Quotes , Men Quotes
  • The natural effort of every individual to better his own condition is so powerful that it is alone, and without any assistance, capable not only of carrying on the society to wealth and prosperity, but of surmounting 100 impertinent obstructions with which the folly of human laws too often encumbers its operations.
    • 6 years ago



    Tags : Adam Smith Quotes , Powerful Quotes , Law Quotes
  • Capitals are increased by parsimony, and diminished by prodigalityand misconduct. By what a frugal man annually saves he not onlyaffords maintenance to an additional number of productive hands?but?he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.
    • 6 years ago



    Tags : Adam Smith Quotes , Men Quotes , Hands Quotes