Adam Smith Quotes

“Though our brother is upon the rack, as long as we ourselves are at our ease, our senses will never inform us of what he suffers. They never did, and never can, carry us beyond our own person, and it is by the imagination only that we can form...”

― Adam Smith, The Theory of Moral Sentiments

topic:suffering imagination

“The tax which each individual is bound to pay, ought to be certain and not arbitrary.”

― Adam Smith, The Wealth of Nations

topic:democracy

“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, The Wealth of Nations

“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, The Wealth of Nations

topic:interest business

“The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public.”

― Adam Smith, The Wealth of Nations

topic:interest business

“The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another.”

― Adam Smith, The Theory of Moral Sentiments

topic:difference

“Every tax ought to be so contrived, as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the state.”

― Adam Smith, The Wealth of Nations

topic:people

“Labour . . . is the real measure of the exchangeable value of all commodities.”

― Adam Smith, The Wealth of Nations

topic:value

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