Economic freedom Quote by Axel Kaiser

Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable effects on…

— Allen W. Wood

“Smith argued that it was possible for all nations to increase their wealth by adopting policies that promote specialization and the division of labor.”

— Edd S. Noell

Adam Smith pointed out that there were three things that make us more prosperous, in a general sort of way: freedom to pursue our…

— P. J. O'Rourke

“A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most…

— Bruce Watson

“ An Inquiry into the Nature and Causes of the Wealth of Nations , which Smith published in 1776, is the most important book…

— Jerry Z. Muller

“In The Wealth of Nations, Adam Smith argued that self-interest can solve this problem. Given a free economy and an impartial rule of law,…

— Roger Scruton

“Adam Smith FRSE (baptised June 5, 1723 O.S. / June 16 N.S. – July 17, 1790) was a Scottish moral philosopher and a pioneering…

— Adam Smith

The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take…

— Milton Friedman

“The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor…

— David Cay Johnston

But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral…

— Paul Ormerod

Where are we to look for the consumption required but among the unproductive labourers of Adam Smith?.

— Thomas Malthus

Adam Smith was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed from his…

— Robert Heilbroner