Adam Smith (1723 - 1790) was a British philosopher and economist. His work was the base for the economy as a science.
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.
Adam Smith
Labor was the first price, the original purchase-money that was paid for all things.
Adam Smith
The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam Smith
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
Adam Smith
A person who can acquire no property can have no other interest but to eat as much, and to labour as little as possible.
Adam Smith
There is no art which one government sooner learns of another than that of draining money from the pockets of the people.
Adam Smith
If a nation could not prosper without the enjoyment of perfect liberty and perfect justice, there is not in the world a nation which could ever have prospered.
Adam Smith
Every man is, no doubt, by nature, first and principally recommended to his own care; and as he is fitter to take care of himself than of any other person, it is fit and right that it should be so.
Adam Smith
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith
