No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Adam Smith Quotes
The policy of some nations has given extraordinary encouragement to the industry of the country ; that of others to the industry of towns. Scarce any nation has dealt equally and impartially with every sort of industry. Since the down-fall of the Roman empire, the policy of Europe has been more favourable to arts, manufactures, […]
To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature.
The man scarce lives who is not more credulous than he ought to be… The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
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.
The robot is going to lose. Not by much. But when the final score is tallied, flesh and blood is going to beat the damn monster.
Man is an animal that makes bargains; no other animal does this – one dog does not change a bone with another.
It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.