Economic Lessons

Adam Smith – Self 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 self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but...

Adam Smith – All Quotes

“No human wisdom or knowledge could ever be sufficient [for] the duty of superintending the industry of private people…” “[Governments are] …without exception, the greatest spendthrifts in the society.” “The agents of...