Adam Smith

Biography

Quotes

  • It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
  • 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.
  • The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
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