“It was in the wake of these erosions of economic controls that intellectual challenges were then made to the role of government… — Thomas Sowell Copy Share Image
“The fact that bonuses were paid monthly also kept everyone focused on the present, while innovation is about making sacrifices today in… — Daron Acemoğlu Copy Share Image
The gains from specialization go all the way back to Adam Smith. He talked about the advantage of a bigger market being… — Paul Romer Copy Share Image
When Adam Smith was being incomprehensible, he didn't have the luxury of brief, snappy technical terms as a shorthand for incoherence. — Anonymous Copy Share Image
“No, the art of government was to curb and guide men’s greedy appetites into useful courses, so that, as the Scottish economist… — Hugh Brogan Copy Share Image
It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon… — Joseph A. Schumpeter Copy Share Image
The American system of political spending is so unregulated that it might make Adam Smith rethink free markets. — Jon Meacham Copy Share Image
“Freud and the unconscious, Darwin and natural selection, Marx and class struggle, Einstein and relativity, Adam Smith and division of labor—they were… — Anonymous Copy Share Image
Adam Smith and Malthus and Ricardo ! There is something about these three figures to evoke more than ordinary sentiments from us… — John Maynard Keynes Copy Share Image
Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write… — John Maynard Keynes Copy Share Image
Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is… — Henry David Thoreau Copy Share Image
. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in… — Milton Friedman Copy Share Image
There are two books that I often travel with; one is 'The Theory on Moral Sentiments' by Adam Smith. The other is… — Wen Jiabao Copy Share Image
Adam Smith was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed… — Robert Heilbroner Copy Share Image
“As Adam Smith argued more than two centuries ago, when individuals freely pursue their own self-interests—presumably, even their most trivial desires—the aggregate… — Paul Roberts Copy Share Image
Conservatives may worship Adam Smith's 'invisible hand,' but for Obama, the helping hand comes in large measure from the public, not the… — Jeff Greenfield Copy Share Image
Adam Smith was not a big fan of the pursuit of fame and fortune. His view of what we truly want, of… — Russ Roberts Copy Share Image
When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion… — Thomas Malthus Copy Share Image
“Which would have advanced the most at the end of a month—the boy who had made his own jackknife from the ore… — Henry David Thoreau Copy Share Image
There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in… — Kenneth Arrow Copy Share Image
Everyone from Adam Smith, John Stewart Mill, they were all reforms. What they wanted to reform was getting rid of this parasitic… — Michael Hudson Copy Share Image
We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute,… — Chris Hedges Copy Share Image
“Needless to say, this idea that the origin of prosperity is hard work and frugality was exhaustively formulated by Adam Smith in… — Axel Kaiser Copy Share Image
“Over the last two decades, elites in even many formerly socialist countries came to uphold an ideal of cosmopolitan liberalism: the universal… — Pankaj Mishra Copy Share Image
“As the brilliant economist-educator Russell Roberts points out, chroniclers of the cult of celebrity have an extensive pedigree. Writing in The Theory… — Jonathan Haskel Copy Share Image
“It’s important to understand that while libertarian philosophy may have been regarded as a fringe movement in American politics, epitomized by Ron… — Jonathan Taplin Copy Share Image
“Adam Smith FRSE (baptised June 5, 1723 O.S. / June 16 N.S. – July 17, 1790) was a Scottish moral philosopher and… — Adam Smith Copy Share Image
“How long will the Gilgamesh Project – the quest for immortality – take to complete? A hundred years? Five hundred years? A… — Yuval Noah Harari Copy Share Image
Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps… — Milton Friedman Copy Share Image
There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for… — Arthur Laffer Copy Share Image
Adam Smith's image of competition in the marketplace was intended as an adjunct to his detailed description of human motivation in The… — Ted Malloch Copy Share Image
Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, it appears… — David Ricardo Copy Share Image
“The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons… — David Cay Johnston Copy Share Image
In my book, 'The Big Three in Economics,' I found that the press has frequently and prematurely written the obituary of Adam… — Mark Skousen Copy Share Image
“Our gain from foreign trade is what we import. Exports are the price we pay to get imports. As Adam Smith saw… — Milton Friedman Copy Share Image
During the two centuries since the publication of 'The Wealth of Nations,' the main activity of economists, it seems to me, has… — Ronald Coase Copy Share Image
The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will… — Milton Friedman Copy Share Image
Gandhi rejects the Adam Smith notion of human nature as motivated by self-interest and brute needs and returns us to our spiritual… — Nelson Mandela Copy Share Image
Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once… — Garet Garrett Copy Share Image
“But no moral philosopher, from Aristotle to Aquinas, to John Locke and Adam Smith, divorced economics from a set of moral ends… — Daniel Bell Copy Share Image
![“Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually, and is therefore one of the great natural designs. When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon…” quote by Garet Garrett](https://sms4smile.com/quotes/img-quotes/19c/garet-garrett-20447_adam_never-was-it-capitalism-imposed-on-life_2956756.jpg)
