Adam Smith
Adam Smith
Adam Smith– 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment...
NationalityScottish
ProfessionEconomist
Date of Birth5 June 1723
character division-of-labor differences
The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from nature, as from habit, custom, and education.
competition division branches
In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.
skills division-of-labor dexterity
The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is anywhere directed, or applied, seem to have been the effects of the division of labour.
division economics labour
The division of labour was limited by the extent of the market
area best both bring building chicago event excited milwaukee
We're building this area between Milwaukee and Chicago as the best of both worlds. We're just excited to bring another high-profile event here.
animals mankind quotes
Mankind are animals that makes bargains, no other animal does this.
according clothes delicacy employed finds human humble industry life man object produced supply three
Such is the delicacy of man alone, that no object is produced to his liking. He finds that in everything there is need for improvement.... The whole industry of human life is employed not in procuring the supply of our three humble necessities, food, clothes and lodging, but in procuring the conveniences of it according to the nicety and delicacy of our tastes.
performing program ruling
We are not ruling out that if a program is performing poorly, it doesn't get funding.
card digital finding permission
We don't have permission to do that. We're a finding tool, like a digital card catalog.
apology may wealth
In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.
happiness cheerfulness habitual
Nothing is more graceful than habitual cheerfulness.
experiments focused
Have lots of experiments, but make sure they're strategically focused.
practice banking may
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
vanity progressive-taxation luxury
The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.