The chief enjoyment of riches consists in the parade of riches.

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Economic literature

The chief enjoyment of riches consists in the parade of riches.

Adam Smith

The Wealth of Nations · 1776

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Other tags relating to this quote

Topic

Display of wealth Wealth Status games

Genre

Economic literature

Time

1776

Person

Adam Smith

Provenance

Current citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 1, ch. 11, pt. 2.

Original citation

Smith, Adam. The Wealth of Nations. Vol. 1, London: W. Strahan and T. Cadell, 1776, bk. 1, ch. 11, pt. 2.

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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 eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.

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The Wealth of Nations · 1776

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Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.

Thorstein Veblen

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In order to gain and to hold the esteem of men it is not sufficient merely to possess wealth or power. The wealth or power must be put in evidence, for esteem is awarded only on evidence.

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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.

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The Wealth of Nations · 1776

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Every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it... he intends only his own security... and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

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The Wealth of Nations · 1776

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Other media onSubject·Wealth

Film · 1941

Citizen Kane

Orson Welles

The chief enjoyment of riches consists in the parade of riches. — Adam Smith

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