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" Labor was the first price, the original purchase - money that was paid for all things. "
Adam Smith
Labor
Money
Original
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" The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. "
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" Defense is superior to opulence. "
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Opulence
Superior
" What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? "
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Debt
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" 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 wealth of the world was originally purchased. "
Adam Smith
Gold
Silver
Wealth
" Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence. "
Adam Smith
Us
Innocence
Justice
" 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. "
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Fear
Real
Over
" 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. "
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Expect
Dinner
Business
" To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature. "
Adam Smith
Nature
Human Nature
Feel
" No complaint... is more common than that of a scarcity of money. "
Adam Smith
Than
Common
Money
" Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another. "
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Dog
Other
Man
" On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity. "
Adam Smith
Road
Valley
Through
" All money is a matter of belief. "
Adam Smith
Matter
Money
Finance
" 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
Opinion
Detail
Facts
" With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches. "
Adam Smith
Rich People
Rich
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 demand a rent even for its natural produce. "
Adam Smith
Never
Men
Love
" Humanity is the virtue of a woman, generosity that of a man. "
Adam Smith
Generosity
Humanity
Man
" It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country. "
Adam Smith
Country
Active
Operations
" I have never known much good done by those who affected to trade for the public good. "
Adam Smith
Much
Never
Known
" Science is the great antidote to the poison of enthusiasm and superstition. "
Adam Smith
Science
Poison
Enthusiasm
" Happiness never lays its finger on its pulse. "
Adam Smith
Happiness
Lays
Never
" No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. "
Adam Smith
Far
Society
Poor
" Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God. "
Adam Smith
God
Christian
Dying
" Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience. "
Adam Smith
Because
Conscience
More
" Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition. "
Adam Smith
Ambition
Speech
Desire
" Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty. "
Adam Smith
Adventure
Lottery
Lose
" This is one of those cases in which the imagination is baffled by the facts. "
Adam Smith
Cases
Imagination
Facts
" The real tragedy of the poor is the poverty of their aspirations. "
Adam Smith
Tragedy
Poverty
Real
" 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
End
Purpose
Production