Tag: Adam Smith
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All money is a matter of belief.
Adam Smith
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This is one of those cases in which the imagination is baffled by the facts.
Adam Smith
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Science is the great antidote to the poison of enthusiasm and superstition.
Adam Smith
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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
Adam Smith
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Defense is superior to opulence.
Adam Smith
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The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam Smith
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Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence.
Adam Smith
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I have never known much good done by those who affected to trade for the public good.
Adam Smith
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Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.
Adam Smith
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
Adam Smith