Adam Smith: Quotes about homeland

Adam Smith was Scottish moral philosopher and political economist. Explore interesting quotes on country.
Adam Smith: 350 quotes6 likes

“In manufactures, a very small advantage will enable foreigners to undersell our own workmen, even in the home market. It will require a very great one to enable them to do so in the rude produce of the soil. If the free importation of foreign manufactures were permitted, several of the home manufactures would probably suffer, and some of them, perhaps, go to ruin altogether, and a considerable part of the stock and industry at present employed in them, would be forced to find out some other employment. But the freest importation of the rude produce of the soil could have no such effect upon the agriculture of the country.”

Adam Smith

Source: (1776), Book IV, Chapter II

“In England, and in all Roman Catholic countries, the lottery of the church is in reality much more advantageous than is necessary.”

Adam Smith

Source: (1776), Book I, Chapter X, Part II, p. 155.

“China is a much richer country than any part of Europe.”

Adam Smith

Source: (1776), Book I, Chapter XI, Part III, (First Period) p. 221.

“For in every country of the world, I believe, the avarice and injustice of princes and sovereign states, abusing the confidence of their subjects, have by degrees diminished the real quantity of metal, which had been originally contained in their coins.”

Adam Smith

Source: (1776), Book I, Chapter IV, p. 34.

“There seem, however, to be two cases in which it will generally be advantageous to lay some burden upon foreign, for the encouragement of domestic industry. The first is, when some particular sort of industry is necessary for the defence of the country. The defence of Great Britain, for example, depends very much upon the number of its sailors and shipping. The act of navigation, therefore, very properly endeavours to give the sailors and shipping of Great Britain the monopoly of the trade of their own country, in some cases, by absolute prohibitions, and in others by heavy burdens upon the shipping of foreign countries.”

Adam Smith

Source: (1776), Book IV, Chapter II

“There is not a negro from the coast of Africa who does not, in this respect, possess a degree of magnanimity which the soul of his sordid master is too often scarce capable of conceiving. Fortune never exerted more cruelly her empire over mankind, than when she subjected those nations of heroes to the refuse of the jails of Europe, to wretches who possess the virtues neither of the countries which they come from, nor of those which they go to, and whose levity, brutality, and baseness, so justly expose them to the contempt of the vanquished.”

Adam Smith book The Theory of Moral Sentiments

Chap. II.
The Theory of Moral Sentiments (1759), Part V

“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.”

Adam Smith

Source: (1776), Book I, Chapter VI, p. 60.

“The poverty of the lower ranks of people in China far surpasses that of the most beggarly nations of Europe. In the neighbourhood of Canton many hundred, it is commonly said, many thousand families have no habitation on the land, but live constantly in little fishing boats upon the rivers and the canals. The subsistence which they find there is so scanty that they are eager to fish up the nastiest garbage thrown overboard from any European ship. Any carrion, the carcase of a dead dog or cat, for example, though half putrid and stinking, is as welcome to them as the most wholesome food to the people of other countries.”

Adam Smith

Source: (1776), Book I, Chapter VIII, p. 86.

“The government of an exclusive company of merchants is, perhaps, the worst of all governments for any country whatever.”

Adam Smith

Source: (1776), Book IV, Chapter VII, Part Second, p. 619.

“In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest. The proposition is so very manifest that it seems ridiculous to take any pains to prove it; nor could it ever have been called in question had not the interested sophistry of merchants and manufacturers confounded the common sense of mankind. Their interest is, in this respect, directly opposite to that of the great body of the people.”

Adam Smith

Source: (1776), Book IV, Chapter III, Part II, p. 531.

“In England, success in the profession of the law leads to some very great objects of ambition; and yet how few men, born to easy fortunes, have ever in this country been emminent in that profession?”

Adam Smith

Source: (1776), Book V, Chapter I, Part III, p. 824.

“The administration of the great system of the universe, however, the care of the universal happiness of all rational and sensible beings, is the business of God and not of man. To man is allotted a much humbler department, but one much more suitable to the weakness of his powers, and to the narrowness of his comprehension; the care of his own happiness, of that of his family, his friends, his country: that he is occupied in contemplating the more sublime, can never be an excuse for his neglecting the more humble department.”

Adam Smith book The Theory of Moral Sentiments

Section II, Chap. III.
The Theory of Moral Sentiments (1759), Part VI

“China has been long one of the richest, that is, one of the most fertile, best cultivated, most industrious, and most populous countries in the world. It seems, however, to have been long stationary. Marco Polo, who visited it more than five hundred years ago, describes its cultivation, industry, and populousness, almost in the same terms in which they are described by travellers in the present times.”

Adam Smith

Source: (1776), Book I, Chapter VIII, p. 86.

“A merchant, it has been said very properly, is not necessarily the citizen of any particular country.”

Adam Smith

Source: (1776), Book III, Chapter IV, p. 456.

“The freest importation of salt provisions, in the same manner, could have as little effect upon the interest of the graziers of Great Britain as that of live cattle. Salt provisions are not only a very bulky commodity, but when compared with fresh meat, they are a commodity both of worse quality, and as they cost more labour and expence, of higher price. They could never, therefore, come into competition with the fresh meat, though they might with the salt provisions of the country.”

Adam Smith

Source: (1776), Book IV, Chapter II

“Such taxes [upon the necessaries of life], when they have grown up to a certain height, are a curse equal to the barrenness of the earth and the inclemency of the heavens; and yet it is in the richest and most industrious countries that they have been most generally imposed. No other countries could support so great a disorder.”

Adam Smith

Source: (1776), Book IV, Chapter II, paragraph 36, p. 500.

“We do not, however, reckon that trade disadvantageous which consists in the exchange of the hard-ware of England for the wines of France; and yet hard-ware is a very durable commodity, and were it not for this continual exportation, might too be accumulated for ages together, to the incredible augmentation of the pots and pans of the country. But it readily occurs that the number of such utensils is in every country necessarily limited by the use which there is for them; that it would be absurd to have more pots and pans than were necessary for cooking the victuals usually consumed there; and that if the quantity of victuals were to increase, the number of pots and pans would readily increase along with it, apart of the increased quantity of victuals being employed in purchasing them, or in maintaining an additional number of workman whose business it was to make them.”

Adam Smith

Source: The Wealth of Nations (1776), Book IV, Chapter I, p. 471.

“Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.”

Adam Smith

Source: (1776), Book V, Chapter I, Part II, p. 778.