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Adam Smith Quotes

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Adam Smith
June 5, 1723 - July 17, 1790
Nationality: Scottish
Category: Economist

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.


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.


On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.


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.


What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?


Labor was the first price, the original purchase-money that was paid for all things.


Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.


Humanity is the virtue of a woman, generosity that of a man.


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.


Defense is superior to opulence.


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