Adam Smith Sayings and Quotes

Below you will find our collection of inspirational, wise, and humorous old adam smith quotes, adam smith sayings, and adam smith proverbs, collected over the years from a variety of sources.


The prudent man is always sincere, and feels horror at the very thought of exposing himself to the disgrace which attends upon the detection of falsehood. But though always sincere, he is not always frank and open; and though he never tells any thing but the truth, he does not always think himself bound, when not properly called upon, to tell the whole truth. As he is cautious in his actions, so he is reserved in his speech; and never rashly or unnecessarily obtrudes his opinion concerning either things or persons.     

Adam Smith

An instructed and intelligent people are always more decent and orderly than an ignorant and stupid one.     

Adam Smith

An early-morning walk is a blessing for the whole day.     

Adam Smith

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

Adam Smith

Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.     

Adam Smith

Never let people who are more unhappy than you tell you how to live your life.     

Adam Smith

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

Adam Smith

All money is a matter of belief.     

Adam Smith

Labor was the first price, the original purchase money that was paid for all things.     

Adam Smith

Corn is a necessary, silver is only a superfluity.     

Adam Smith

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.     

Adam Smith

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

But though empires, like all the other works of men, have all hitherto proved mortal, yet every empire aims at immortality.     

Adam Smith

What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.      

Adam Smith

Defense is superior to opulence.     

Adam Smith

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

Adam Smith

The world neither ever saw, nor ever will see, a perfectly fair lottery.     

Adam Smith

Consumption is the sole end and purpose of all production.     

Adam Smith

Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.     

Adam Smith

The mind is so rarely disturbed, but that the company of friend will restore it to some degree of tranquility and sedateness.     

Adam Smith

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.     

Adam Smith

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.     

Adam Smith

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

The directors of such companies, however, being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own.... Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company.     

Adam Smith

The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.     

Adam Smith

Have lots of experiments, but make sure they're strategically focused.     

Adam Smith

And a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniences of life than it is possible for any savage to acquire.     

Adam Smith