--- title: "11 Masters Quotes By Adam Smith" description: "11 Masters quotes by Adam Smith. Plus more from Adam Smith and more Masters sayings from other authors." image: "https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg" --- > [“All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of…](https://sms4smile.com/quotes/adam-smith/all-for-ourselves-and-nothing-for-other-people-seems-in-every-age-of/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg) > [Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own…](https://sms4smile.com/quotes/adam-smith/thus-the-labour-of-a-manufacture-adds-generally-to-the-value-of-the/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/acf/adam-smith-1040_add_thus-the-labour-of-a-manufacture-adds-ge_2222273.jpg) > [Every tax, however, is to the person who pays it a badge, not of slavery but of liberty. It denotes that he…](https://sms4smile.com/quotes/adam-smith/every-tax-however-is-to-the-person-who-pays-it-a-badge-not-of-slavery/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/63d/adam-smith-1040_badges_every-tax-however-is-to-the-person-who-p_1073310.jpg) > [Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.](https://sms4smile.com/quotes/adam-smith/masters-are-always-and-everywhere-in-a-sort-of-tacit-but-constant-and/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/19b/adam-smith-1040_combination_masters-are-always-and-everywhere-in-a-s_2505151.jpg) > [In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is…](https://sms4smile.com/quotes/adam-smith/in-the-long-run-the-workman-may-be-as-necessary-to-his-master-as-his/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/085/adam-smith-1040_long_in-the-long-run-the-workman-may-be-as-ne_1843448.jpg) > [Are you in earnest resolved never to barter your liberty for the lordly servitude of a court, but to live free, fearless,…](https://sms4smile.com/quotes/adam-smith/are-you-in-earnest-resolved-never-to-barter-your-liberty-for-the/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/fe6/adam-smith-1040_able_are-you-in-earnest-resolved-never-to-bar_2504157.jpg) > [In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation…](https://sms4smile.com/quotes/adam-smith/in-raising-the-price-of-commodities-the-rise-of-wages-operates-in-the/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/047/adam-smith-1040_commodity_in-raising-the-price-of-commodities-the_447729.jpg) > [The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or…](https://sms4smile.com/quotes/adam-smith/the-discipline-of-colleges-and-universities-is-in-general-contrived/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/491/adam-smith-1040_ability_the-discipline-of-colleges-and-universit_1357260.jpg) > [Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore,…](https://sms4smile.com/quotes/adam-smith/whenever-the-legislature-attempts-to-regulate-differences-between/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/95c/adam-smith-1040_counsellors_whenever-the-legislature-attempts-to-reg_1355059.jpg) > [ We rarely hear, it has been said, of the combinations \[that is, unions or colluding organizations\] of masters, though frequently of those… ](https://sms4smile.com/quotes/adam-smith/we-rarely-hear-it-has-been-said-of-the-combinations-that-is-unions-or/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/792/adam-smith-1040_accounts_we-rarely-hear-it-has-been-said-of-the-c_2469442.jpg) > [In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like…](https://sms4smile.com/quotes/adam-smith/in-regards-to-the-price-of-commodities-the-rise-of-wages-operates-as/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) [Image](https://sms4smile.com/quotes/i/78e/adam-smith-1040_business_in-regards-to-the-price-of-commodities-t_3110977.jpg) ## Other authors on Masters ## More by Adam Smith > [Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of…](https://sms4smile.com/quotes/adam-smith/poor-david-hume-is-dying-fast-but-with-more-real-cheerfulness-and/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [“The effects of the division of labour, in the general business of society, will be more easily understood by considering in what manner it…](https://sms4smile.com/quotes/adam-smith/the-effects-of-the-division-of-labour-in-the-general-business-of/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [Defense is superior to opulence.](https://sms4smile.com/quotes/adam-smith/defense-is-superior-to-opulence/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [“There is a great deal of ruin in a nation.”](https://sms4smile.com/quotes/adam-smith/there-is-a-great-deal-of-ruin-in-a-nation/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [“The profligacy of a man of fashion is looked upon with much less contempt and aversion, than that of a man of meaner condition.”](https://sms4smile.com/quotes/adam-smith/the-profligacy-of-a-man-of-fashion-is-looked-upon-with-much-less/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument…](https://sms4smile.com/quotes/adam-smith/great-ambition-the-desire-of-real-superiority-of-leading-and/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or…](https://sms4smile.com/quotes/adam-smith/people-of-the-same-trade-seldom-meet-together-even-for-merriment-and/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.](https://sms4smile.com/quotes/adam-smith/nobody-but-a-beggar-chooses-to-depend-chiefly-upon-the-benevolence-of/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and…](https://sms4smile.com/quotes/adam-smith/how-selfish-soever-man-may-be-supposed-there-are-evidently-some/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [The liberal reward of labour, therefore, as it is the affect of increasing wealth, so it is the cause of increasing population. To complain…](https://sms4smile.com/quotes/adam-smith/the-liberal-reward-of-labour-therefore-as-it-is-the-affect-of/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [A sketch of a man facing to the right.](https://sms4smile.com/quotes/adam-smith/a-sketch-of-a-man-facing-to-the-right/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?](https://sms4smile.com/quotes/adam-smith/what-can-be-added-to-the-happiness-of-a-man-who-is-in-health-out-of/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to…](https://sms4smile.com/quotes/adam-smith/it-is-not-from-the-benevolence-of-the-butcher-the-brewer-or-the-baker/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [When we have read a book or poem so often that we can no longer find any amusement in reading it by ourselves, we…](https://sms4smile.com/quotes/adam-smith/when-we-have-read-a-book-or-poem-so-often-that-we-can-no-longer-find/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) > [We are but one of the multitude, in no respect better than any other in it.](https://sms4smile.com/quotes/adam-smith/we-are-but-one-of-the-multitude-in-no-respect-better-than-any-other/) [Adam Smith](https://sms4smile.com/quotes/author/adam-smith/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/masters/adam-smith/#itemlist", "name": "11 Masters Quotes By Adam Smith", "numberOfItems": 11, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.”", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/all-for-ourselves-and-nothing-for-other-people-seems-in-every-age-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg", "contentUrl": "https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg", "url": "https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg", "width": 1080, "height": 1080, "caption": "“All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own maintenance, and of his masters profits. 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There seems to be one way to continue in that virtuous resolution; and perhaps but one. Never enter the place from whence so few have been able to return; never come within the circle of ambition; nor ever bring yourself into comparison with those masters of the earth who have already engrossed the attention of half mankind before you.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/are-you-in-earnest-resolved-never-to-barter-your-liberty-for-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fe6/adam-smith-1040_able_are-you-in-earnest-resolved-never-to-bar_2504157.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fe6/adam-smith-1040_able_are-you-in-earnest-resolved-never-to-bar_2504157.jpg", "url": "https://sms4smile.com/quotes/i/fe6/adam-smith-1040_able_are-you-in-earnest-resolved-never-to-bar_2504157.jpg", "width": 1080, "height": 1080, "caption": "“Are you in earnest resolved never to barter your liberty for the lordly servitude of a court, but to live…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "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 the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/in-raising-the-price-of-commodities-the-rise-of-wages-operates-in-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/047/adam-smith-1040_commodity_in-raising-the-price-of-commodities-the_447729.jpg", "contentUrl": "https://sms4smile.com/quotes/i/047/adam-smith-1040_commodity_in-raising-the-price-of-commodities-the_447729.jpg", "url": "https://sms4smile.com/quotes/i/047/adam-smith-1040_commodity_in-raising-the-price-of-commodities-the_447729.jpg", "width": 1080, "height": 1080, "caption": "“In raising the price of commodities, the rise of wages operates in the same manner as simple interest does…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. Its object is, in all cases, to maintain the authority of the master, and whether he neglects or performs his duty, to oblige the students in all cases to behave toward him as if he performed it with the greatest diligence and ability.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/the-discipline-of-colleges-and-universities-is-in-general-contrived/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/491/adam-smith-1040_ability_the-discipline-of-colleges-and-universit_1357260.jpg", "contentUrl": "https://sms4smile.com/quotes/i/491/adam-smith-1040_ability_the-discipline-of-colleges-and-universit_1357260.jpg", "url": "https://sms4smile.com/quotes/i/491/adam-smith-1040_ability_the-discipline-of-colleges-and-universit_1357260.jpg", "width": 1080, "height": 1080, "caption": "“The discipline of colleges and universities is in general contrived, not for the benefit of the students…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/whenever-the-legislature-attempts-to-regulate-differences-between/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/95c/adam-smith-1040_counsellors_whenever-the-legislature-attempts-to-reg_1355059.jpg", "contentUrl": "https://sms4smile.com/quotes/i/95c/adam-smith-1040_counsellors_whenever-the-legislature-attempts-to-reg_1355059.jpg", "url": "https://sms4smile.com/quotes/i/95c/adam-smith-1040_counsellors_whenever-the-legislature-attempts-to-reg_1355059.jpg", "width": 1080, "height": 1080, "caption": "“Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/we-rarely-hear-it-has-been-said-of-the-combinations-that-is-unions-or/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/792/adam-smith-1040_accounts_we-rarely-hear-it-has-been-said-of-the-c_2469442.jpg", "contentUrl": "https://sms4smile.com/quotes/i/792/adam-smith-1040_accounts_we-rarely-hear-it-has-been-said-of-the-c_2469442.jpg", "url": "https://sms4smile.com/quotes/i/792/adam-smith-1040_accounts_we-rarely-hear-it-has-been-said-of-the-c_2469442.jpg", "width": 1080, "height": 1080, "caption": "“We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "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 price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.", "creator": { "@type": "Person", "name": "Adam Smith" }, "url": "https://sms4smile.com/quotes/adam-smith/in-regards-to-the-price-of-commodities-the-rise-of-wages-operates-as/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/78e/adam-smith-1040_business_in-regards-to-the-price-of-commodities-t_3110977.jpg", "contentUrl": "https://sms4smile.com/quotes/i/78e/adam-smith-1040_business_in-regards-to-the-price-of-commodities-t_3110977.jpg", "url": "https://sms4smile.com/quotes/i/78e/adam-smith-1040_business_in-regards-to-the-price-of-commodities-t_3110977.jpg", "width": 1080, "height": 1080, "caption": "“In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of…” — Adam Smith", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/masters/adam-smith/#webpage", "url": "https://sms4smile.com/quotes/about/masters/adam-smith/", "name": "Masters Quotes by Adam Smith", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/masters/adam-smith/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/649/adam-smith-1040_age_all-for-ourselves-and-nothing-for-other_2118760.jpg" }, "description": "11 Masters quotes by Adam Smith. 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