Thursday, April 25, 2024 Text is available under the CC BY-SA 3.0 licence.

Adam Smith

« All quotes from this author
 

When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
--
Chapter IX

 
Adam Smith

» Adam Smith - all quotes »



Tags: Adam Smith Quotes, Authors starting by S


Similar quotes

 

To let her dail would be the greatest profit both for the company and for the merchants.

 
Peter Stuyvesant
 

There are many who say in effect that public opinion has little to do with war, that it is explained by the influence of the vested interests who profit by it — armament makers or groups of capitalists. But even when we have admitted that those interests do exert great influence, it only pushes the question further back. Why are the mass of men, millions, powerless in this matter as against a tiny minority, a few dozen or a few score or a few hundred who profit by the general disaster? There are undoubtedly some who say to the millions in effect: "We should like you to go to war because it would expand our profits." But why do the millions obey?

 
Norman Angell
 

For the corporation executives, the military metaphysic often coincides with their interest in a stable and planned flow of profit; it enables them to have their risk underwritten by public money; it enables them reasonably to expect that they can exploit for private profit now and later, the risky research developments paid for by public money. It is, in brief, a mask of the subsidized capitalism from which they extract profit and upon which their power is based.

 
C. Wright Mills
 

"You are about to be told one more time that you are America's most valuable natural resource. Have you seen what they do to valuable natural resources?! Have you seen a strip mine? Have you seen a clear cut in the forest? Have you seen a polluted river? Don't ever let them call you a valuable natural resource! They're going to strip mine your soul. They're going to clear cut your best thoughts for the sake of profit unless you learn to resist, because the profit system follows the path of least resistance and following the path of least resistance is what makes the river crooked!" — The Past Didn't Go Anywhere, Righteous Babe Records (1996)

 
Utah Phillips
 

The gospel of St. Matthew told of the angry Jesus driving the merchants and money-changers out of the temple, knocking over the tables of the money-changers and spilling their coins on the floor. Jesus was not opposed to capitalism and the profit motive, so long as economic activities were carried on outside the temple. In the parable of the talents, he praises the servant who used his master's money to make a profitable investment, and condemns the servant who was too timid to invest. But he draws a clear line at the temple door. Inside the temple, the ground belongs to God and profit-making must stop.

 
Freeman Dyson
© 2009–2013Quotes Privacy Policy | Contact