"The statesman who should attempt to direct private……" — Adam Smith
"The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with most unnecessary attention but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of man who have folly and presumption enough to fancy himself fit to exercise it."
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Adam Smith
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54 Quotes by Adam Smith
Adam Smith has 54 quotes on this site.
A few more worth reading:
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The cheapness of wine seems to be a cause, not of drunkenness, but of sobriety. ...People are seldom guilty of…
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The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the…
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It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but…
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No society can surely be flourishing and happy, of which the far greater part of the members are poor and…
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To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the…
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The real tragedy of the poor is the poverty of their aspirations.
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Labour was the first price, the original purchase - money that was paid for all things. It was not by…
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Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
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As soon as the land of any country has all become private property, the landlords, like all other men, love…
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Science is the great antidote to the poison of enthusiasm and superstition.
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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found…
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All money is a matter of belief.
See all 54 quotes by Adam Smith »
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