The rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
China is a much richer country than any part of Europe. - Adam Smith
China is a much richer country than any part of Europe.
- 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
A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.
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
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…
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
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.
Individual Ambition Serves the Common Good. - Adam Smith
Individual Ambition Serves the Common Good.
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
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.
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
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.
There is no art which government sooner learns of another than that of draining money from the pockets of the people. - Adam Smith
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations. - Adam Smith
I have no great faith in political arithmetic, and I mean not to warrant the exactness of either of these computations.
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