Adam Quote by David Graeber

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

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

— Robert Heilbroner

Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their…

— George Stigler

Adam Smith was aware of the way that economic interests could have a distorting and destructive effect both on the market and on politics.

— Allen W. Wood

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

“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

During the two centuries since the publication of 'The Wealth of Nations,' the main activity of economists, it seems to me, has been to…

— Ronald Coase

In my book, 'The Big Three in Economics,' I found that the press has frequently and prematurely written the obituary of Adam Smith and…

— Mark Skousen

. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in which the…

— Milton Friedman

The American system of political spending is so unregulated that it might make Adam Smith rethink free markets.

— Jon Meacham

“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