Adam Smith The Wealth Of Nations Quotes & Sayings

The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating. — Adam Smith

Growth theory did not begin with my articles of 1956 and 1957, and it certainly did not end there. Maybe it began with 'The Wealth of Nations'; and probably even Adam Smith had predecessors. — Robert Solow

The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. - Adam Smith, The Wealth of Nations, 1776 All our invention and progress seem to result in endowing material forces with intellectual life, and in stultifying human life into a material force. - Karl Marx, speech, 1856 Dreams are not so different from deeds as some may think. All the deeds of men are only dreams at first. And in the end, their deeds dissolve into dreams. - Theodor Herzl, Old New Land, 1902 — Mark Kurlansky

Indeed, there is a school of thought that any work on a branch is, in the lean sense, waste - inventory that is not being pulled into the finished product. — David Farley

Ask me not, 'Are you rightwing,' but ask me 'Are you a committed believer in individual freedom, the values of the enlightenment?' Then, yeah, if being rightwing means believing Adam Smith was right, both in the 'Wealth of Nations' and the 'Theory of Moral Sentiments,' then I'm rightwing. — Niall Ferguson

Not all of us were meant to teach,
but all of us were meant to learn.
Not all of us were meant to lead,
but all of us were meant to serve.
Not all of us were meant to be rich,
but all of us were meant to be charitable.
Not all of us were meant to be famous,
but all of us were meant to be upright.
Not all of us were meant to be mighty,
but all of us were meant to persevere.
Not all of us were meant to be extraordinary,
but all of us were meant to prevail. — Matshona Dhliwayo

Economists talk about an invisible hand, in which the self-interested, short-term activities of people lead to what Adam Smith called "the wealth of nations." Geopolitics applies the concept of the invisible hand to the behavior of nations and other international actors. The pursuit of short-term self-interest by nations and by their leaders leads, if not to the wealth of nations, then at least to predictable behavior and, therefore, the ability to forecast the shape of the future international system. — George Friedman

The world values the seer above all men, and has always done so. Nay, it values all men in proportion as they partake of the character of seers. The Elgin Marbles and a decision of John Marshall are valued for the same reason. What we feel in them is a painstaking submission to facts beyond the author's control, and to ideas imposed on him by his vision. So with Beethoven's Symphonies, with Adam Smith's Wealth of Nations - with any conceivable output of the human mind of which you approve. You love them because you say, These things were not made, they were seen. — John Jay Chapman

Who Protects the Consumer? "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 own necessities but of their advantages. Nobody but a beggar chuses to depend chiefly upon the benevolence of his fellow citizens." - Adam Smith, The Wealth of Nations, vol. I, [>] — Milton Friedman

But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts. — Paul Ormerod

I have no more goals, all I'm gonna do is deal with the days Nature will give me along. I have lost too much strength on futile things until then ! — Laure Lacornette

During the two centuries since the publication of 'The Wealth of Nations,' the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith's system, to correct his errors and to make his analysis vastly more exact. — Ronald Coase

It would be misleading to say, 'I believe in the Force,' in the same sense that it would be misleading to say, 'I believe in the sun.' Give it whatever name you like - the Force, the Tao, the Holy Spirit, the Universal Mind - I see it in action everywhere I look, both in the world and in myself. — Matthew Stover

Raskolnikov had been listening intently, but with a sense of unhealthy discomfort. — Fyodor Dostoyevsky

Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to ... We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits. — Arianna Huffington

The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another. — Milton Friedman

THE WEALTH OF NATIONS is one of the most important and influential books ever written. It — Adam Smith

Whole Foods Market tries to embody all of the principles of conscious capitalism all the time, but like any person or company, we sometimes fall short. — John Mackey

I didn't realize that one tragedy can beget another, and another - bright-eyed disasters flooding out of a death hole like bats out of a cave. — Karen Russell

Women are told for so long that our feelings - our internal sensations of pain, pleasure, joy, sadness, or anger - are too much, or wrong, or bad. So eventually we can't stop thinking and thinking about these problems, trying to think them out, but we stop feeling our feelings about them. — Naomi Wolf