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… — Adam Smith Copy Share Image
In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of high wages in raising the… — Adam Smith Copy Share Image
Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of… — Adam Smith Copy Share Image
“The effects of the division of labour, in the general business of society, will be more easily understood by considering in what manner it… — Adam Smith Copy Share Image
“The profligacy of a man of fashion is looked upon with much less contempt and aversion, than that of a man of meaner condition.” — Adam Smith Copy Share Image
Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument… — Adam Smith Copy Share Image
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or… — Adam Smith Copy Share Image
Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens. — Adam Smith Copy Share Image
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and… — Adam Smith Copy Share Image
The liberal reward of labour, therefore, as it is the affect of increasing wealth, so it is the cause of increasing population. To complain… — Adam Smith Copy Share Image
What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? — Adam Smith Copy Share Image
