Adam Smith Quotes

10+ Best Adam Smith Authors Quotes

All money is a matter of belief.

Most of us wake up in the morning and go to a place called 'work' in order to earn money. And most of us surely spend money every day. In essence, money is a medium of exchange that helps us get the things we want and need. However, it’s important to note that money has no intrinsic value. It's only a piece of paper. Is money, then, really the thing we want?

Science is the great antidote to the poison of enthusiasm and superstition.
Topic : Thoughts

Before science was established as a proper method to use when approaching life’s mysteries, enthusiasm and superstition (as well as emotional excess) often ruled the day. This lead to such human tragedies as witch hunts and worse. Humans have always been enthusiastic and emotional creatures, and superstitions flow naturally when emotion meets unfettered intelligence. Science, and the principles thereof, help reduce the enthusiasm, help hold the emotions at bay, and help banish superstitions with logic.

The real tragedy of the poor is the poverty of their aspirations.

It's undeniable that to some degree, a lack of ambition / other positive qualities may play a role in the poverty of some poor people. Most of the poor people remains poor only because of lack of aspirations. The one who think outside the box and has ambition to success can be successful.

Happiness never lays its finger on its pulse.
Topic : Happiness

To be happy means you don’t count your blessings and compare what you have to others. You are content with who you are and where you’re going. Your personal happiness is not affected by others’ gain or loss. You are self-contained.

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
Topic : Economy

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged.

What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?
Topic : Health, Happiness

We live in a culture that encourages people to care for their health and do the right thing. Being in debt doesn’t just limit what you can do financially, but it can affect how you view the quality of your life and even negatively affect your health.

The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.

You can be different from the rest of the world and still be fabulous, but you need to understand what makes you different, and as you do that, you start knowing yourself better. Knowing yourself isn't a small task. Knowing yourself is knowing everything. Knowing yourself is knowing that you are a universe in yourself.

Individual Ambition Serves the Common Good.
Topic : Ambition

“Common good” in political science refers to anything that benefits and is naturally shared by all members of a given community. At this point, everyone is trying to focus on solving the power problem, and in the meantime, the bubble grows to a point that is no longer viewed as dangerous.

Wherever there is great property, there is great inequality.
Topic : Economy

Wherever there is great property there is great inequality. For one very rich man, there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.

Mercy to the guilty is cruelty to the innocent.
Topic : Morality

The guilty person is someone who has committed a crime. Punishing a person who is truly guilty is justified. Forgiving that person is merciful, but not punishing him is a cruelty to the innocent and to society as a whole.