A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their… — Adam Smith Copy Share Image
When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers. — 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
