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The Wealth of Nations Quotes By Adam Smith

The Wealth of Nations Quotes By Adam Smith
The Wealth of Nations Quotes By Adam Smith


Information About The Wealth of Nations


Name of Book : The Wealth of Nations

Author : Adam Smith

Genre : Economics, Philosophy

Pages : 692 pages

Language : English

Country : Scotland, Great Britain

Publication date : 9 March 1776

Publisher :W. Strahan and T. Cadell, London


Quotes From The Wealth of Nations


1. “ A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little. ”

— The Wealth of Nations


2. “ The wages of labour are the encouragement of industry, which, like every other human quality, improves in proportion to the encouragement it receives. ”

— The Wealth of Nations


3. “ “I am always willing to run some hazard of being tedious, in order to be sure that I am perspicuous; and, after taking the utmost pains that I can to be perspicuous, some obscurity may still appear to remain upon a subject, in its own nature extremely abstracted. ”

— The Wealth of Nations


4. “ Wherever there is great property there is great inequality. ”

— The Wealth of Nations


5. “ For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions. ”

— The Wealth of Nations


6. “ Consumption is the sole end and purpose of all production ”

— The Wealth of Nations


7. “ Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another. ”

— The Wealth of Nations


8. “ It is the interest of every man to live as much at his ease as he can; and if his emoluments are to be precisely the same, whether he does or does not perform some very laborious duty, it is certainly his interest, at least as interest is vulgarly understood, either to neglect it altogether, or, if he is subject to some authority which will not suffer him to do this, to perform it in as careless and slovenly a manner as that authority will permit. ”

— The Wealth of Nations


9. “ Science is the great antidote to the poison of enthusiasm and superstition. ”

— The Wealth of Nations


10. “ The division of labour, however, so far as it can be introduced, occasions, in every art, a proportionable increase of the productive powers of labour. ”

— The Wealth of Nations


11. “ Labour was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command. ”

— The Wealth of Nations


12. “  The government of an exclusive company of merchants is perhaps the worst of all governments for any country whatever.  ”

— The Wealth of Nations


13. “ A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation. ”

— The Wealth of Nations


14. “ The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities. ”

— The Wealth of Nations


15. “ He is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

— The Wealth of Nations


16. “ Avarice and injustice are always shortsighted.  ”

— The Wealth of Nations


17. “ No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.  ”

— The Wealth of Nations


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