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Sage | Source | Quote |
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Adam Smith | Wealth of Nations | If any of the provinces of the British empire cannot be made to contribute towards the support of the whole empire, it is surely time that Great Britain should free herself from the expense of defending those provinces in time of war, and of supporting any part of their civil or military establishments in time of peace, and endeavor to accommodate her future views and designs to the real mediocrity of her circumstances. |
Adam Smith | Wealth of Nations | The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from nature, as from habit, custom, and education... By nature a philosopher is not in genius and disposition half so different from a street porter, as a mastiff is from a greyhound |
Adam Smith | 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. We address ourselves, not to their humanity, but to their self-love |
Adam Smith | Wealth of Nations | That part of the produce of the land which is thus necessary for enabling the farmer to continue his business ought to be considered as a fund sacred to cultivation, which, if the landlord violates, he necessarily reduces the produce of his own land, and in a few years disables the farmer |
Adam Smith | Wealth of Nations | allowing every man to pursue his own interest in his own way, upon the liberal plan of equality liberty, and justice |
Adam Smith | Wealth of Nations | Labor was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased... Labor, therefore, is the real measure of the exchangeable value of all commodities. |
Adam Smith | Wealth of Nations | A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little. |
Adam Smith | Wealth of Nations | It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves |
Adam Smith | Wealth of Nations | No society can surely be flourishing and happy, of which the greater part of the members are poor and miserable. It is but equity, besides, that they who feed, cloth and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged. |
Adam Smith | Wealth of Nations | Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people. |
Adam Smith | Wealth of Nations | The establishment of any new manufacture, of any new branch of commerce, or any new practice in agriculture, is always a speculation, from which the projector promises himself extraordinary profits... If the project succeeds, they [the profits] are commonly at first very high. When the trade or practice becomes thoroughly established and well known, the competition reduces them to the level of other trades. |
Adam Smith | Wealth of Nations | Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters. |
Adam Smith | Wealth of Nations | Corn is a necessity, silver only a superfluity. |
Adam Smith | Wealth of Nations | any new law or regulation of commerce ought always to be listened to with great precaution... It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it. |
Adam Smith | Wealth of Nations | Avarice and injustice are always shortsighted, and they did not foresee how much this regulation must obstruct improvement, and thereby hurt in the long-run the real interest of the landlord. |
Adam Smith | Wealth of Nations | A merchant, it has been said very properly, is not necessarily the citizen of any particular country. |
Adam Smith | Wealth of Nations | All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind. |
Adam Smith | Wealth of Nations | Both in ancient Egypt and Indostan, the whole body of the people was divided into different castes... the caste of the farmers and laborers was superior to the castes of merchants and manufacturers... Though both were extremely populous, yet, in years of moderate plenty, they were both able to export great quantities of grains |
Adam Smith | Wealth of Nations | Science is the great antidote to the poison of enthusiasm and superstition. |
Adi Shankara | Liberation never comes—even at the end of a hundred aeons—without the realization of the Oneness of Self. |