Adam Quote by Adam Smith

“led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the…

— Milton Friedman

By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I…

— Adam Smith

Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public…

— Adam Smith

It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to…

— Adam Smith

Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little…

— Adam Smith

Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in…

— Adam Smith

The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from…

— Adam Smith

China is a much richer country than any part of Europe.

— Adam Smith

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but…

— Adam Smith

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from regard to their…

— Adam Smith

Consumption is the sole end and purpose of all production.

— Adam Smith

The man of system, on the contrary, is apt to be very wise in his own conceit; and is often so enamoured with the…

— Adam Smith