It is a melancholy but an undoubted fact, that, even in the most thriving countries, part of the population annually dies of mere want. Not that all who perish from want absolutely die of hunger; though this calamity is of more frequent occurrence than is generally supposed.Collection: Country
The sea and wind can at the same time convey my neighbour's vessel and my own.Collection: Wind
Freedoms and apprenticeships are likewise expedients of police,not of that wholesome branch of police, whose object is the maintenance of the public and private security, and which is neither costly nor vexatious; but of that sort of police which bad governments employ to preserve or extend their personal authority at any expense.Collection: Government
The quantity of money, which is readily parted with to obtain a thing is called its price.Collection: Quantity
The luxury of ostentation affords a much less substantial and solid gratification, than the luxury of comfort, if I may be allowed the expression.Collection: Expression
capital cannot be more beneficially employed, then in strengthening and aiding the productive powers of nature.Collection: Strengthening
Capital must work, as it were, in concert with industry; and this concurrence is what I call the productive agency of capital.Collection: Agency
Some writers maintain arithmetic to be only the only sure guide in political economy; for my part, I see so many detestable systems built upon arithmetical statements, that I am rather inclined to regard that science as the instrument of national calamity.Collection: Political
The theory of interest was wrapped in utter obscurity, until Hume and Smith dispelled the vapor.Collection: Obscurity
A shop-keeper in good business is quite as well off as a pedlar that travels the country with his wares on his back. Commercial jealousy is, after all, nothing but prejudice: it is a wild fruit, that will drop of itself when it has arrived at maturity.Collection: Country
What is the motive which operates in every man's breast to counteract the impulse towards the gratification of his wants and appetites?Collection: Men
Political economy has only become a science since it has been confined to the results of inductive investigation.Collection: Political
The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labour of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Collection: Rags
Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name.Collection: Names
To the labor of man alone Smith ascribes the power of producing values. This is an error. A more exact analysis demonstrates... that all the values are derived from the operation of labor, or rather from the industry of man, combined with the operation of those agents which nature and capital furnish him.Collection: Men
What would people think of a tradesman, that was to give a ball in his shop, hire performers, and hand refreshments about, with a view to benefit his business?Collection: Thinking
At Newfoundland, it is said, that dried cod performs the office of moneyCollection: Office
A much larger value is consumed in lettuces than in pineapples,throughout Europe at large; and the superb shawls of Cachemere are, in France, a very poor object in trade, in comparison with the plain cotton goods of Rouen.Collection: Europe
The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue to subsist upon, but what he contrives to make out of the unskilfulness or ill-fortune of gamesters like himself.Collection: Yield
An uniformity of weights and measures, arranged upon mathematical principles, would be a benefit to the whole commercial world, if it were wise enough to adopt such an expedient.Collection: Wise
The celebrated Adam Smith was the first to point out the immense increase of production, and the superior perfection of products referable to this division of labour.Collection: Perfection
The United States will have the honour of proving experimentally, that true policy goes hand in hand with moderation and humanity.Collection: Hands
If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of the whole community; it can make sure of profits not altogether due to the productive services rendered, but composed in part of an actual tax upon consumers for its private profit' which tax it commonly shares with the authority that thus unjustly lent its support.Collection: Philosophy