“It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money no doubt, makes always a part of the national capital; but it has already been shown that it generally makes but a small part, and always the most unprofitable part of it.”

Source: (1776), Book IV, Chapter I, p. 470.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver;…" by Adam Smith?

Adam Smith175

Scottish moral philosopher and political economist 1723–1790

Related quotes

“Part of the problem facing teaching in the contemporary world is that its status as a profession has been undermined by the contemptible view that only what makes money is admirable.”

A. C. Grayling (1949) English philosopher

Source: Life, Sex, and Ideas: The Good Life Without God (2002), Chapter 19, “Teachers” (p. 83)

“Money will not purchase happiness for the man who has no concept of what he wants.”

Ayn Rand book Atlas Shrugged

Source: Atlas Shrugged

“Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book IV, Chapter I, p. 471.

“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.”

Norm Franz

“Gold is required in large quantities only in a society which produces a very large economic surplus and can afford to transform part of that surplus into gold for prestige purposes (as in India) or into coinage and money to promote capitalism”

Walter Rodney book How Europe Underdeveloped Africa

as in Western Europe
Source: How Europe Underdeveloped Africa (1972), p. 106.

“Thus money is almost always something hovering between a commodity and a debt-token. This is probably why coins—pieces of silver or gold that are already valuable commodities in themselves, but that, being stamped with the emblem of local authority, became even more valuable—still sit in our heads as the quintessential form of money. They most perfectly straddle the divide that defines what money is in the first place. What's more, the relation between the two was a matter of constant political conversation. In other words, the battle between state and market, between governments and merchants is not inherent to the human condition.”

David Graeber (1961) American anthropologist and anarchist

Source: Debt: The First 5,000 Years (2011), Chapter Four, "Cruelty and Redemption", p. 75

“Getting money is not all a man's business: to cultivate kindness is a valuable part of the business of life.”

Samuel Johnson (1709–1784) English writer

Source: The Life of Samuel Johnson LL.D. Vol 3

“To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money, money, money everywhere and still not enough, and then no money or a little money or less money or more money, but money, always money, and if you have money or you don't have money it is the money that counts and money makes money, but what makes money make money?”

Henry Miller book Tropic of Capricorn

Tropic of Capricorn (1939)

“It is not for its own sake that men desire money, but for the sake of what they can purchase with it.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book IV, Chapter I, p. 471.

“Money will only make you more of what you already are.”

T. Harv Eker (1954) American writer

Source: Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth

Help us to complete the source, original and additional information

Adam Smith175

Related quotes

Related topics