More Quote by Ronald Coase

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

“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

“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

“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

“Needless to say, this idea that the origin of prosperity is hard work and frugality was exhaustively formulated by Adam Smith in The Wealth…

— Axel Kaiser

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

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

. . 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

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

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

“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