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Adam Smith Quotes: All jobs are created in direct proportion to the amount of capital employed.
         

All jobs are created in direct proportion to the amount of capital employed.


Adam Smith
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Other quotes of Adam Smith


No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.



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.

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 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.

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.



Mercy to the guilty is cruelty to the innocent.

Mercy to the guilty is cruelty to the innocent.



The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.

The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.



What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?

What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?



A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.

A nation is not made wealthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.



Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.

Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.



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

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



People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.





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Change is not the words you believe, it is the belief others have in you.~bns

Change is not the words you believe, it is the belief others have in you.~bns



There is nothing to be gained by multiplying social distinctions indefinitely.

There is nothing to be gained by multiplying social distinctions indefinitely.



My armor is like tenfold shields, my teeth are swords, my claws spears, the shock of my tail a thunderbolt, my wings a hurricane, and my breath death!

My armor is like tenfold shields, my teeth are swords, my claws spears, the shock of my tail a thunderbolt, my wings a hurricane, and my breath death!



I have never known the time when I did not wear stays. My stays are part of me.

I have never known the time when I did not wear stays. My stays are part of me.



To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!

To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!



We make our money out of our friends. Our enemies will not do business with us.

We make our money out of our friends. Our enemies will not do business with us.



In solitude we become aware that we were together before we came together and that life is not a creation of our will but rather an obedient response to the reality of our being united.

In solitude we become aware that we were together before we came together and that life is not a creation of our will but rather an obedient response to the reality of our being united.



The reason why principles are so important is because principles make life predictable.

The reason why principles are so important is because principles make life predictable.



Nothing but the right can ever be expedient, since that can never be true expediency which would sacrifice a great good to a less.

Nothing but the right can ever be expedient, since that can never be true expediency which would sacrifice a great good to a less.



The understanding of fear cures fear.

The understanding of fear cures fear.




Quote Description


This page presents the quote "All jobs are created in direct proportion to the amount of capital employed.". Author of this quote is Adam Smith. This quote is about direct, amount, employed, jobs, proportion, investing,.