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 Wealth of Nations, p. 26, 1776
Author · 5 quotes
Adam Smith was an 18th-century Scottish economist, philosopher, and author. He is best known as the father of modern economics and the author of "The Wealth of Nations," a pioneering work that laid the foundation for classical economics and advocated for the benefits of free markets and division of labor.
1723–1790·lived 67 years
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 Wealth of Nations, p. 26, 1776
All money is a matter of belief.The Wealth of Nations, 1776
Labor was the first price, the original purchase - money that was paid for all things.The Wealth of Nations, 1776
Civilized countries generally adopt gold or silver or both as money.The Wealth of Nations, Book I, 1776
Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.The Wealth of Nations, p. 123, 1776
That’s all 5 quotes by Adam Smith.