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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. — Adam Smith · 1776The chief enjoyment of riches consists in the parade of riches. — Adam Smith · 1776
All systems, either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men. — Adam Smith · 1776Consumption is the sole end and purpose of 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 · 1776
Empathy2 quotes
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it. — Adam Smith · 1759Though 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 any conception of what are his sensations... His agonies, when they are thus brought home to ourselves, when we have thus adopted and made them our own, begin at last to affect us, and we then tremble and shudder at the thought of what he feels. — Adam Smith · 1759
Free market2 quotes
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 · 1776All systems, either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men. — Adam Smith · 1776
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it. — Adam Smith · 1759Though 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 any conception of what are his sensations... His agonies, when they are thus brought home to ourselves, when we have thus adopted and made them our own, begin at last to affect us, and we then tremble and shudder at the thought of what he feels. — Adam Smith · 1759
All systems, either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men. — Adam Smith · 1776Consumption is the sole end and purpose of 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 · 1776
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 · 1776Every 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. — Adam Smith · 1776
Status games2 quotes
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. — Adam Smith · 1776The chief enjoyment of riches consists in the parade of riches. — Adam Smith · 1776
Academia1 quote
The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. — Adam Smith · 1776
Antitrust1 quote
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 · 1776
Capitalism1 quote
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 · 1776
Character1 quote
Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love. — Adam Smith · 1759
Conspiracy1 quote
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 · 1776
Consumers1 quote
Consumption is the sole end and purpose of 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 · 1776
Corruption1 quote
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 · 1776
Curiosity1 quote
Wonder... And not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature. — Adam Smith · 1790
We are delighted to find a person who values us as we value ourselves, and distinguishes us from the rest of mankind, with an attention not unlike that with which we distinguish ourselves. — Adam Smith · 1759
Government1 quote
There is no art which one government sooner learns of another, than that of draining money from the pockets of the people. — Adam Smith · 1776
The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. — Adam Smith · 1776
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it. — Adam Smith · 1759
Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love. — Adam Smith · 1759
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. — Adam Smith · 1776
Mercy to the guilty is cruelty to the innocent. — Adam Smith · 1759
Never complain of that of which it is at all times in your power to rid yourself. — Adam Smith · 1759
Mercy1 quote
Mercy to the guilty is cruelty to the innocent. — Adam Smith · 1759
Mercy to the guilty is cruelty to the innocent. — Adam Smith · 1759
Perception1 quote
The great source of both the misery and disorders of human life seems to arise from overrating the difference between one permanent situation and another. Avarice overrates the difference between poverty and riches: ambition, that between a private and a public station: vainglory, that between obscurity and extensive reputation. The person under the influence of any of those extravagant passions is not only miserable in his actual situation, but is often disposed to disturb the peace of society, in order to arrive at that which he so foolishly admires. — Adam Smith · 1759
The great source of both the misery and disorders of human life seems to arise from overrating the difference between one permanent situation and another. Avarice overrates the difference between poverty and riches: ambition, that between a private and a public station: vainglory, that between obscurity and extensive reputation. The person under the influence of any of those extravagant passions is not only miserable in his actual situation, but is often disposed to disturb the peace of society, in order to arrive at that which he so foolishly admires. — Adam Smith · 1759
Never complain of that of which it is at all times in your power to rid yourself. — Adam Smith · 1759
Philosophy1 quote
Wonder... And not any expectation of advantage from its discoveries, is the first principle which prompts mankind to the study of Philosophy, of that science which pretends to lay open the concealed connections that unite the various appearances of nature. — Adam Smith · 1790