The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
Adam SmithThe problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
Adam SmithThe property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Adam SmithResentment 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 SmithMan is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
Adam SmithThe man who barely abstains from violating either the person, or the estate, or the reputation of his neighbours, has surely very little positive merit. He fulfils, however, all the rules of what is peculiarly called justice, and does every thing which his equals can with propriety force him to do, or which they can punish him for not doing. We may often fulfil all the rules of justice by sitting still and doing nothing.
Adam Smith