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Adam Smith Quotes: The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.
         

The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.


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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I never said you were my friend. I just didn't have the guts to tell you to leave.

I never said you were my friend. I just didn't have the guts to tell you to leave.



The concern was that if a woman was doing gender equality, her chances of making it to tenure in the law school were diminished. It was considered frivolous.

The concern was that if a woman was doing gender equality, her chances of making it to tenure in the law school were diminished. It was considered frivolous.



Obedience is an act of faith disobedience is the result of unbelief.

Obedience is an act of faith disobedience is the result of unbelief.



Most African Americans, especially the men and women from my generation, would accept the nationalist gambit that says only European Americans can be racists, which is an interesting gambit.

Most African Americans, especially the men and women from my generation, would accept the nationalist gambit that says only European Americans can be racists, which is an interesting gambit.



The thrill of terror is passive, masochistic, and implicitly feminine. It is imaginative submission to overwhelming superior force.

The thrill of terror is passive, masochistic, and implicitly feminine. It is imaginative submission to overwhelming superior force.



When you hit a wall find ways to go under and over, but never give up.

When you hit a wall find ways to go under and over, but never give up.



He that in the ordinary affairs of life would admit of nothing but direct plain demonstration would be sure of nothing in this world but of perishing quickly.

He that in the ordinary affairs of life would admit of nothing but direct plain demonstration would be sure of nothing in this world but of perishing quickly.



Isn't it splendid to think of all the things there are to find out about? It just makes me feel glad to be alive-it's such an interesting world.

Isn't it splendid to think of all the things there are to find out about? It just makes me feel glad to be alive-it's such an interesting world.



Microeconomics is about money you don't have, and macroeconomics is about money the government is out of.

Microeconomics is about money you don't have, and macroeconomics is about money the government is out of.



Like all the best radical positions, then, mine is a thoroughly traditionalist one.

Like all the best radical positions, then, mine is a thoroughly traditionalist one.




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This page presents the quote "The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.". Author of this quote is Adam Smith. This quote is about benefits, principal, foreign trade, silver, sole, gold and silver, gold,.