Adam Smith
1 books with highlights
Books
The Wealth of Nations
10 highlights
Featured Highlights
The pursuit of wealth is not an end in itself, but a means to achieve happiness.
Every individual necessarily labors to render services to others.
In the progress of society, the accumulation of capital is essential.
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.
A nation’s wealth is measured not by its gold and silver, but by its production and commerce.
Commerce, like fire, is a dangerous servant but a fearful master.
To encourage the industry of the people, it is necessary to ensure their property rights.
The real tragedy of the poor is the poverty of their aspirations.
The division of labor is limited by the extent of the market.
The invisible hand of the market guides individuals to promote the public good.