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Adam Smith Quotes: Labor was the first price, the original purchase - money that was paid for all things.
         

Labor was the first price, the original purchase - money that was paid for all things.


Adam Smith
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Labor was the first price, the original purchase - money that was paid for all things.
         



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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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Like words written in the sand taken away by wavesThousands of years of culture discovered in lost cavesClimbing to a mountain at it's highest peakOut of no where strength when thought down and weak

Like words written in the sand taken away by wavesThousands of years of culture discovered in lost cavesClimbing to a mountain at it's highest peakOut of no where strength when thought down and weak



All wars are civil wars, because all men are brothers.

All wars are civil wars, because all men are brothers.



I think of people as members of an audience. But an audience acts independently of every individual. It's an organism on its own. I focus on that living hydra in the dark.

I think of people as members of an audience. But an audience acts independently of every individual. It's an organism on its own. I focus on that living hydra in the dark.



Each man has his own vocation; his talent is his call. There is one direction in which all space is open to him.

Each man has his own vocation; his talent is his call. There is one direction in which all space is open to him.



My wife's so dumb, she got a nail in the spare!!

My wife's so dumb, she got a nail in the spare!!



Why would I try to change who I look like, what my race is? No. No no no. You are beautiful because that’s the skin you were born with. Love it. And be proud of it.

Why would I try to change who I look like, what my race is? No. No no no. You are beautiful because that’s the skin you were born with. Love it. And be proud of it.



Religion has no business to formulate social laws and insist on the difference between beings, because its aim and end is to obliterate all such fictions and monstrosities.

Religion has no business to formulate social laws and insist on the difference between beings, because its aim and end is to obliterate all such fictions and monstrosities.



We are not merely historians but also and always citizens.

We are not merely historians but also and always citizens.



I will see it when I believe it.

I will see it when I believe it.



Actually, my ideal life would be to have an evergreen tree farm and, every December, I'd load them up and just stand out on the street and sell Christmas trees.

Actually, my ideal life would be to have an evergreen tree farm and, every December, I'd load them up and just stand out on the street and sell Christmas trees.




Quote Description


This page presents the quote "Labor was the first price, the original purchase - money that was paid for all things.". Author of this quote is Adam Smith. This quote is about price, first, labor,.