Adam Smith's huge failure was the fact that he did not foresee the industrial revolution. — P. J. O'Rourke Copy Share Image
“It was in the eighteenth century that England became what (Adam) Smith called "a nation of shopkeepers"… (p. 58)” — Jerry Z. Muller Copy Share Image
We're supposed to worship Adam Smith but you're not supposed to read him. That's too dangerous. — Noam Chomsky 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
“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
There is a lot in Adam Smith that reflects the insights of Rousseau and anticipates those of Marx. — Allen W. Wood 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
Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is… — David Graeber 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
“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
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
“Adam Smith’s Wealth of Nations was in large part a critique of imperialism. We often associate opposition to imperialism with Marxism and… — Jason Brennan 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
Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals… — George Stigler Copy Share Image
“Adam Smith expanded on this notion by saying that a person pursing his own selfish interests may be “led by an invisible… — Sean Masaki Flynn 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
We don't legislate emergent technologies into existence. We almost never do. They just emerge, dragged forth by Adam Smith's invisible hand. Then… — William Gibson Copy Share Image
Two hundred years ago the first liberal economist, Adam Smith, warned businessmen that they could absorb only a certain amount of rigidity.… — John Chamberlain 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
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
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
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
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
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
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
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
The first and probably most fundamental aspect of this crisis is that we are now close to the commodification of everything. That… — Immanuel Wallerstein Copy Share Image
If you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This… — Michael Sandel 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
“For Burke, almost everything that makes life worthwhile is a result of society, its inherited codes, knowledge, and institutions. These goods are… — Jerry Z. Muller 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
“Survival of the fittest" in the commonly used animal sense is not a theory or principle for a "time-binding" being. This theory… — Alfred Korzybski 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
“In the eighteenth century, the Scottish Enlightenment focused attention on Glasgow and Edinburgh as centres of intellectual activity. The Scottish Enlightenment was… — Ronald Carter Copy Share Image
“In America, too, the reality behind the words of the Declaration of Independence (issued in the same year as Adam Smith’s capitalist… — Howard Zinn 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
“The mindset of antiquity lacked economic science and sociological theory. The ancients did rather well with political narrative, although, except for Thucydides,… — Norman F. Cantor Copy Share Image
“Absorbingly articulate and infinitely intelligent . . . There is nothing pop about Kahneman's psychology, no formulaic story arc, no beating you… — Daniel Kahneman Copy Share Image
“Instead, contracts were awarded to American consultancies like Bearing Point, or Adam Smith from the UK, to bring in their own people… — Christina Lamb Copy Share Image
