Inspirational Quotes, Motivational Sayings, and Wise Words for Daily Inspiration

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A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.

Adam Smith's Popular Quotes

China is a much richer country than any part of Europe.

- Adam Smith

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and deman…

- Adam Smith

Individual Ambition Serves the Common Good.

- Adam Smith

There is no art which government sooner learns of another than that of draining money from the pockets of the people.

- Adam Smith

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

A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.

- Adam Smith

It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.

- Adam Smith

The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.

- Adam Smith

I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.

- Adam Smith