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Adam Smith

Read through the most famous quotes from Adam Smith




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.


— Adam Smith


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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.


— Adam Smith


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On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.


— Adam Smith


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About Adam Smith

Adam Smith Quotes




Did you know about Adam Smith?

Later Marxian economics descending from classical economics also use Smith's labour theories in part. In addition he was in favor of retaliatory tariffs and believed that they would eventually bring down the price of goods. According to Boswell he once told Sir Joshua Reynolds that 'he made it a rule when in company never to talk of what he understood'.

Adam Smith (5 June 1723 OS – 17 July 1790) was a Scottish moral philosopher and a pioneer of political economy. In 2009 Smith was named among the "Greatest Scots" of all time in a vote run by Scottish television channel STV. He died in 1790 at the age of 67.

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