Adam Smith was aware of the way that economic interests could have a distorting and destructive effect both on the market and… — Allen W. Wood Copy Share Image
I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I… — Warren Buffett Copy Share Image
“Ideally, a fair and equitable society would regulate debt in line with the ability to be paid without pushing economies into depression.… — Michael Hudson Copy Share Image
“Well, our economic system "works," it just works in the interests of the masters, and I'd like to see one that works… — Noam Chomsky Copy Share Image
Adam Smith is an egalitarian, he believed in equality of outcome, not opportunity. He is an enlightenment figure, pre-capitalist. He says, suppose… — Noam Chomsky Copy Share Image
Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable… — Allen W. Wood Copy Share Image
I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field… — John Kenneth Galbraith Copy Share Image
“In The Wealth of Nations, Adam Smith argued that self-interest can solve this problem. Given a free economy and an impartial rule… — Roger Scruton Copy Share Image
I do think one success of Northern Europe, which the United States came from, was its willingness to accept innovation in business… — James D. Watson Copy Share Image
Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory… — Arianna Huffington Copy Share Image
Highly unequal societies are morally defective because they get to be that way through the exploitation by the clever and well-positioned ones… — Catherine Wilson Copy Share Image
As against the "invisible hand" of Adam Smith, there has to be a visible hand of politicians whose objective is to have… — Pierre Trudeau Copy Share Image
“The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities… — Nassim Nicholas Taleb Copy Share Image
That invisible hand of Adam Smith seems to offer an extended middle finger to an awful lot of people. — George Carlin Copy Share Image
“If you actually read The Wealth of Nations, you’d know that’s what capitalism is all about. Competition on a level playing field.… — Irving Belateche Copy Share Image
Power is concentrated. The general policy is exactly the way that Adam Smith described it: it's designed for the benefit of its… — Noam Chomsky Copy Share Image
“Adam Smith himself made the analogy of the economy as a watch or a clock that once set in motion continues on… — Nassim Nicholas Taleb Copy Share Image
Life is full of joys and sorrows, much of it our own making. Sadly, the West has voted time and time again… — Mark Skousen Copy Share Image
It was the mystical dogma of Bentham and Adam Smith and the rest, that some of the worst of human passions would… — Gilbert K. Chesterton Copy Share Image
In an ideal world, Adam Smith-like, individuals would recognize what they need to do in their own self-interest, and they will make… — John C. Bogle Copy Share Image
“These people live in many lands, speak different languages, practice different religions, may even hate one another- yet none of these differences… — Milton Friedman Copy Share Image
Adam Smith is misread as being amoral precisely because people don't read his first book, because they don't read 'The Theory of… — P. J. O'Rourke Copy Share Image
It is not for nothing that Skaldin in one part of his book quotes Adam Smith: we have seen that both his… — Vladimir Lenin Copy Share Image
“it is thought to be somehow related to Adam Smith’s invisible hand, the workings of which are both overstated and mysterious.” — Richard H. Thaler Copy Share Image
