
Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter VIII, p. 91
Book II, Chapter I, On the Progress of Wealth, Section IX, p. 406
Principles of Political Economy (Second Edition 1836)
Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter VIII, p. 91
“Adam Smith, the father of free-market economics,”
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.
Introduction: Cited in: Hiroshi Mizuta, A Critical Bibliography of Adam Smith, Routledge, 20116. p. 173.
National Household, 1820
Talk at Brown University (April 2010) http://www.youtube.com/watch?v=TBfHD2n13OA
Quotes 2010s, 2010
Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXXII, Malthus on Rent, p. 292
“It’s certain there is no fine thing
Since Adam’s fall but needs much labouring.”
St. 3
In The Seven Woods (1904), Adam's Curse http://poetry.poetryx.com/poems/1431/
Context: It’s certain there is no fine thing
Since Adam’s fall but needs much labouring.
There have been lovers who thought love should be
So much compounded of high courtesy
That they would sigh and quote with learned looks
Precedents out of beautiful old books;
Yet now it seems an idle trade enough.
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
Source: A History of Economic Thought (1939), Chapter IV, The Classical System, p. 154
Source: Hidden Order - How Adaptation Builds Complexity (1995), Ch 3. Echoing Emergence, p. 97