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Quotations From ADAM SMITH

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  With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eyes is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, I. xi. C. 31, ed. Todd (1976).)
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  People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, vol. 1, bk. 1, ch. 10 (1776).)
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  The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, vol. 1, bk. 1, ch. 5 (1776).)
     
     

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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.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, vol. 1, bk. 1, ch. 2 (1776).)
     
     

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  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 (1723-1790), Scottish political economist. The Theory of Moral Sentiments, sixth edition, bk. VII, sect. IV, para. 25 (1790).)
     
     

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  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, and never talk to them of our necessities but of their advantages.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, vol. 1, bk. 1, ch. 2 (1776).)
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  To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation that is governed by shopkeepers.
 
(Adam Smith (1723-1790), Scottish economist. The Wealth of Nations, vol. 2, bk. 4, ch. 7 (1776). Stevenson's Book of Quotations cites a similar remark made slightly earlier—by English economist Josiah Tucker in Four Tracts on Political and Commercial Subjects (1766)Mbut Adam Smith's version was probably the source for its wider dissemination, and the origin of Napoleon's more famous utterance, "England is a nation of shopkeepers." (See England and the English.).)
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