“The Mercantile System still had a certain artless Catholic candour and did not in the least conceal the immoral nature of trade. … But when the economic Luther, Adam Smith, criticised past economics things had changed considerably. … Protestant hypocrisy took the place of Catholic candour.”

— Friedrich Engels

Das Merkantilsystem hatte noch eine gewisse unbefangene, katholische Geradheit und verdeckte das unsittliche Wesen des Handels nicht im mindesten. ... Als aber der ökonomische Luther, Adam Smith, die bisherige Ökonomie kritisierte, hatten sich die Sachen sehr geändert. ... An die Stelle der katholischen Geradheit trat protestantische Gleisnerei.
Outlines of a Critique of Political Economy (1844)

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Friedrich Engels87

German social scientist, author, political theorist, and ph… 1820–1895

William Poundstone (1955) American writer

Part Three, Arbitrage, Paul Samuelson, p. 117
Fortune's Formula (2005)

“Adam Smith, the father of free-market economics,”

Barack Obama (1961) 44th President of the United States of America

2013, Remarks on Economic Mobility (December 2013)
Context: It was Adam Smith, the father of free-market economics, who once said, “They who feed, clothe, and lodge the whole body of the people should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged.” And for those of you who don’t speak old-English let me translate. It means if you work hard, you should make a decent living. If you work hard, you should be able to support a family.

“[Adam Smith was] a higher above all genius (…) who had recognized some mistakes of the mercantile and physiocrats systems, put new principles of a theory called the industrial system, and directed minds for this road, on which they should necessarily advance”

Fryderyk Skarbek (1792–1866) Polish noble

Introduction; Cited in: Stefan Zabieglik. "Adam Smith's political economy in Poland. Review of the problem." Argumenta Oeconomica, 2002, No 2 (13)
Dictionary of political economy, 1818

“Oh, the Protestants hate the Catholics
And the Catholics hate the Protestants,
And the Hindus hate the Moslems,
And everybody hates the Jews.”

Tom Lehrer (1928) American singer-songwriter and mathematician

"National Brotherhood Week"
That Was the Year That Was (1965)

“The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure its foundations in that instance, and for ever, by the clearness and candour of his proceedings, the exactness of his calculations, and the solidity of his funds.”

Edmund Burke book Reflections on the Revolution in France

Reflections on the Revolution in France (1790)

“The economic doctrine of Adam Smith is the doctrine of Mandeville set out in a form which is no longer paradoxical and literary, but rational and scientific.”

Bernard Mandeville (1670–1733) Anglo-Dutch writer and physician

La doctrine économique d'Adam Smith, c'est la doctrine de Mandeville, exposée sous une forme non plus paradoxale et littéraire, mais rationnelle et scientifique.
Élie Halévy La formation du radicalisme philosophique (Paris: F. Alcan, 1901-4) vol. 1, p. 162; Mary Morris (trans.) The Growth of Philosophic Radicalism (Clifton, N.J.: A. M. Kelley, 1972) p. 90.
Criticism

“The day has passed for patching up the capitalist system; it must go. And in the work of abolishing it the Catholic and the Protestant, the Catholic and the Jew, the Catholic and the Freethinker, the Catholic and the Buddhist, the Catholic and the Mahometan will co-operate together, knowing no rivalry but the rivalry of endeavour toward an end beneficial to all. For, as we have said elsewhere, socialism is neither Protestant nor Catholic, Christian nor Freethinker, Buddhist, Mahometan, nor Jew; it is only Human. We of the socialist working class realise that as we suffer together we must work together that we may enjoy together. We reject the firebrand of capitalist warfare and offer you the olive leaf of brotherhood and justice to and for all.”

James Connolly (1868–1916) Irish republican and socialist leader

Labour, Nationality and Religion, in response to Father Robert Kane's lectures denouncing socialism, Catholicism and Socialism http://lxoa.wordpress.com/2010/09/23/catholicism-and-socialism/

“If I were five-and-twenty or thirty, instead of, unhappily, twice that number of years, I would take Adam Smith in hand—I would not go beyond him, I would have no politics in it—I would take Adam Smith in hand, and I would have a League for free trade in Land just as we had a League for free trade in Corn. You will find just the same authority in Adam Smith for the one as for the other; and if it were only taken up as it must be taken up to succeed, not as a political, revolutionary, Radical, Chartist notion, but taken up on politico-economic grounds, the agitation would be certain to succeed; and if you apply free trade in land and to labour too—that is, by getting rid of those abominable restrictions in your parish settlements, and the like—then, I say, the men who do that will have done for England probably more than we have been able to do by making free trade in corn.”

Richard Cobden (1804–1865) English manufacturer and Radical and Liberal statesman

Speech at Rochdale (23 November 1864), quoted in John Bright and J. E. Thorold Rogers (eds.), Speeches on Questions of Public Policy by Richard Cobden, M.P. Volume II (London: T. Fisher Unwin, 1908), p. 493.
1860s

“Economic theory, since the time of the Physiocrats, has endeavored to get rid of the human will and to explain economic phenomena in terms of physical and hedonic forces. The human will had been the main reliance of the Mercantilists and of the economic theory of the Church fathers. But the will was arbitrary, capricious and contrary to natural laws. There were two stages of these physical theories which attempted to get away from the will:-the natural rights arld physical equilibrium stage of foreordained evolution of Quesnay, Adam Smith and Karl Marx, and the natural selection stage of blind evolution that followed Darwin, whose distinguished exponent in economics is Veblen. The theorists of each stage attempted to get rid of the human will and to explain economic phenomena as the working out of natural forces, either foreordained or blind. It was a concept of society as the natural growth of a mechanistic equilibrium.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: Legal foundations of capitalism. 1924, p. 376

“We must actively engage in regional economic integration, as Taiwan is an island with few natural resources and a relatively small economy. Taiwan had signed very few free-trade agreements in the past. How can we not be in a hurry to catch up?”

Ma Ying-jeou (1950) Taiwanese politician, president of the Republic of China

Ma Ying-jeou (2014) cited in: " President seeks support for liberalization policies http://www.taipeitimes.com/News/front/archives/2014/01/02/2003580319" in Taipei Times, 2 January 2014. <br class="br">Statement made during 2014 New Year's Day address in commenting Taiwan's fallen economic performance behind many other countries, 1 January 2014. <br class="br">Other topics

“The Mercantile System still had a certain artless Catholic candour and did not in the least conceal the immoral nature of trade. … But when the economic Luther, Adam Smith, criticised past economics things had changed considerably. … Protestant hypocrisy took the place of Catholic candour.”

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