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"It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country."
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Explore more quotes by Adam Smith
"Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer."
"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience."
"Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another."
"To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature."
"As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce."
"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."
"With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches."
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