Adam Smith was a well-known Scottish Economist and Philosopher. He was the first Scottish to appear on English money. His words of wisdom and expertise are highly cherished by many, and he left a lasting legacy. In addition, Adam Smith’s bravery, self-assurance, life lessons, and wisdom are treasures throughout the country. In this article, we will explore 15 Adam Smith quotes to learn about moral sentiments, philosophy, inequality, and more. Now, let’s begin!
- “The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.”
- “Hatred and anger are the greatest poison to the happiness of a good mind.”
- “An instructed and intelligent person is always more decent and orderly than an ignorant and stupid one.”
- “The theory of moral sentiments is the foundation of all moral philosophy.”
- “There is no art which the government sooner learns of another than that of draining money from the pockets of the people.”
- “Nothing is more graceful than habitual cheerfulness.”
- “All the members of human society stand in need of each other’s assistance.”
- “Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.”
- “Wherever there is great property, there is great inequality.”
- “Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition.”
- ‘The real tragedy of the poor is the poverty of their aspirations.”
- “The wealth of nations is built on the division of labour.”
- “It appears, accordingly, from the experience of all ages and nations, that the work done by freemen comes cheaper in the end than that performed by slaves.”
- “Have lots of experiments, but make sure they’re strategically focused.”
- “History may not repeat itself,” in Mark Twain’s wise formulation, “but it rhymes.”
Conclusion
These are a few of the very rare, unique, and powerful quotes by Adam Smith that will encourage you to live a positive, passionate, and purposeful life. Millions have been inspired by his bravery and tenacity. By first transforming yourself, you can transform the world. We hope these quotations will uplift you and benefit the country.