The tolls for the maintenance of a high road, cannot with any safety be made the property of private persons.
Adam SmithWe rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.
Adam SmithThe rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
Adam Smith