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Adam Smith   /ˈædəm smɪθ/   Listen
Adam Smith

noun
1.
Scottish economist who advocated private enterprise and free trade (1723-1790).  Synonym: Smith.






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"Adam Smith" Quotes from Famous Books



... NEWTON: ADAM SMITH.—Sir Isaac Newton (1642-1727), the discoverer of the law of gravitation, made, through his Principia, one of the most important contributions ever made to the advancement of physical science. In 1776 Adam Smith, a Scotchman, who had previously ...
— Outline of Universal History • George Park Fisher

... argument that I shall adduce is certainly not new. The principles on which it depends have been explained in part by Hume, and more at large by Dr Adam Smith. It has been advanced and applied to the present subject, though not with its proper weight, or in the most forcible point of view, by Mr Wallace, and it may probably have been stated by many writers that I have never met with. I should certainly therefore ...
— An Essay on the Principle of Population • Thomas Malthus

... but one of the old rock, a real Jacobite. "Is not the Tory party," Waldershare would exclaim, "a succession of heroic spirits, 'beautiful and swift,' ever in the van, and foremost of their age?—Hobbes and Bolingbroke, Hume and Adam Smith, Wyndham and Cobham, Pitt and Grenville, Canning and Huskisson?—Are not the principles of Toryism those popular rights which men like Shippen and Hynde Cotton flung in the face of an alien monarch and his mushroom aristocracy?—Place bills, triennial bills, opposition to standing armies, to peerage ...
— Endymion • Benjamin Disraeli

... has been cogently urged by Mr. Ruskin, while virtual admissions to a like effect were made by Mr. Buckle in his spirited account of Adam Smith. It is this: as a science, Political Economy must assume the perfect selfishness of every human being. Every science requires necessary, and therefore invariable, conditions, which, when expounded, are named ...
— The Atlantic Monthly, Vol. 13, No. 76, February, 1864 • Various

... of rare or curious, or in any way peculiar books, but as the instruction of a Nestor on the best books for study and use in all departments of literature. Yet one will look in vain there for such names as Montaigne, Shaftesbury, Benjamin Franklin, D'Alembert, Turgot, Adam Smith, Malebranche, Lessing, Goethe, Schiller, Fenelon, Burke, Kant, Richter, Spinoza, Flechier, and many others. Characteristically enough, if you turn up Rousseau in the index, you will find Jean Baptiste, ...
— How to Form a Library, 2nd ed • H. B. Wheatley

... long, and rather dull, even though Dublin, Wexford, Waterford, Cork, and Limerick were all built by the Danes. But a foundation had to be laid, and Froude felt bound also to make it clear that he did not take the old Whig view of Government as a necessary evil, or swear by the "dismal science" of Adam Smith. ...
— The Life of Froude • Herbert Paul

... in the round hole brings difficulties. When Adam Smith asserted that of all sorts of luggage man was the most difficult to move, he forgot woman! The instant women are carried into a new industry, they bring with them puzzling problems. Where shall we put their coats and picture hats, how shall we cover up their hair, what shall we feed them with? They ...
— Mobilizing Woman-Power • Harriot Stanton Blatch

... who later became Lord Chatham (S538), was one of the warmest friends that America had; but he openly advocated this narrow policy, saying that if British interests demanded it he would not permit the colonists to make so much as a "horseshoe nail." Adam Smith, an eminent English political economist of that day, vehemently condemned the British Government's colonial mercantile system as suicidal; but his condemnation came too late to have any effect. The fact was that the world was not ready then—if indeed it is yet—to receive the gospel ...
— The Leading Facts of English History • D.H. Montgomery

... comedies as well as Moliere and tragedies as well as Crebillon. Yet I count those persons fools who think it a pity Hogarth did not succeed better in serious subjects. The division of labour is an excellent principle in taste as well as in mechanics. Without this, I find from Adam Smith, we could not have a pin made to the degree of perfection it is. We do not, on any rational scheme of criticism, inquire into the variety of a man's excellences, or the number of his works, or his facility of production. Venice Preserved is sufficient for Otway's ...
— Table-Talk - Essays on Men and Manners • William Hazlitt

... to be proud of our fellow-countrymen. To take Philosophers and men of Science only, Bacon and Hobbes' Locke and Berkeley, Hume and Hamilton, will always be associated with the progress of human thought; Newton with gravitation, Adam Smith with Political Economy, Young with the undulatory theory of light, Herschel with the discovery of Uranus and the study of the star depths, Lord Worcester, Trevethick, and Watt with the steam-engine, ...
— The Pleasures of Life • Sir John Lubbock

... means due to its lighter taxation. It is the consequence of its territorial, commercial, and industrial situation. The demand for workers in relation to the supply of workers is considerably greater than in Europe. And this truth is known already to every pupil of Adam Smith. ...
— Selected Essays • Karl Marx

... surprised by the crumbling of an idol or the disclosure of a skeleton; judge talent at its best and character at its worst; suspect power more than vice,[89] and study problems in preference to periods; for instance: the derivation of Luther, the scientific influence of Bacon, the predecessors of Adam Smith, the mediaeval masters of Rousseau, the consistency of Burke, the identity of the first Whig. Most of this, I suppose, is undisputed, and calls for no enlargement. But the weight of opinion is against me when I exhort you never to debase the moral currency or to lower the standard ...
— A Lecture on the Study of History • Lord Acton

... together and get them laughing you can do anything you like with them. Once they start to laugh they are lost. So they got Mr. Dreery, the English Literature teacher at the high school, to give an evening of readings from the Great Humorists from Chaucer to Adam Smith. They came mighty near to making a barrel of money out of that. If the people had once started laughing it would have been all over with them. As it was I heard a lot of them say that they simply wanted to scream with laughter: ...
— Sunshine Sketches of a Little Town • Stephen Leacock

... should not be otherwise accompanied. The Dominie loved his young charge, and was enraptured with his own success in having already brought him so far in his learning as to spell words of three syllables. The idea of this early prodigy of erudition being carried off by the gipsies, like a second Adam Smith,[Footnote: The father of Economical Philosophy was, when a child, actually carried off by gipsies, and remained some hours in their possession.] was not to be tolerated; and accordingly, though the charge was contrary to all his habits ...
— Guy Mannering, or The Astrologer, Complete, Illustrated • Sir Walter Scott

... the tariff both to relieve trade, and to stimulate and replenish the reciprocal flow of export and import. That he at this time, or perhaps in truth at any time, had acquired complete mastery of those deeper principles and wider aspects of free trade of which Adam Smith had been the great exponent—principles afterwards enforced by the genius of Cobden with such admirable still, persistency, and patriotic spirit—there was nothing to show. Such a scheme had no originality in it. Huskisson, and men of less conspicuous name, had ten years earlier ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... the mere clothing in which his ideas were placed before the world. The body was common property. So, too, with Bacon and Locke, Leibnitz and Descartes, Franklin, Priestley, and Davy, Quesnay, Turgot, and Adam Smith, Lamarck and Cuvier, and all other men who have aided in carrying science to the point at which it has now arrived. They have had no property in their ideas. If they labored, it was because they had a thirst ...
— Letters on International Copyright; Second Edition • Henry C. Carey

... last year of Sir William Petty's life. Other writings of his were published in his lifetime, or have been published since his death. He was in the study of political economy one of the most ingenious and practical thinkers before the days of Adam Smith. ...
— Essays on Mankind and Political Arithmetic • Sir William Petty

... drunkards is equal to one Chicago fire involving two hundred millions. Of course, some men produce less and others more than $600 a year; and some there are who have no industrial value—non-producers, according to Adam Smith; paupers, according to John Stuart Mill; thieves, according to Paul, who says, "Let him that stole steal no more, but rather work." In this group let us include the tramps, who hold that the world owes them a living; these are they who fail to realize that society has ...
— A Man's Value to Society - Studies in Self Culture and Character • Newell Dwight Hillis

... of Boscovich in using the Copernican theory for "convenience in argument," while acquiescing in its condemnation by the Church authorities, this encyclical of Pope Benedict broke the spell. Turgot, Quesnay, Adam Smith, Hume, Bentham, and their disciples pressed on, and science won for mankind ...
— History of the Warfare of Science with Theology in Christendom • Andrew Dickson White

... see these verses from an Ode to the Cuckoo written by one of the ministers of Leith in the middle of last century—the palmy days of Edinburgh—who was a friend of Hume and Adam Smith and the whole constellation. The authorship of these beautiful verses has been most truculently fought about; but whoever wrote them (and it seems as if this Logan had) they ...
— The Works of Robert Louis Stevenson - Swanston Edition Vol. 23 (of 25) • Robert Louis Stevenson

... the blue devils, am able to amuse her a little better than I did when first I came. I am glad you mentioned that your comment on my health was meant for fun. A man sat by me in Edinburgh at dinner one day, and asked me if I had ever read Adam Smith's "Wealth of Nations," which frightened me into an indigestion; and when I told Mr. Combe of it, he gave a sad Scotch laugh, like a postman's knock, "Ha! ha! just like Farquharson's ...
— Records of Later Life • Frances Anne Kemble

... i. 517. Iron was also the currency of the Spartans, but it has been used as such in much more recent times. Adam Smith, in his Wealth of Nations (Book I. ch. 4, published in 1776), says, "there is at this day a village in Scotland where it is not uncommon, I am told, for a workman to carry nails, instead of money, to the baker's shop ...
— Industrial Biography - Iron Workers and Tool Makers • Samuel Smiles

... pockets which might have almost held the two volumes of his folio Dictionary; and he carried in his hand a large English oak stick. Let me not be censured for mentioning such minute particulars. Every thing relative to so great a man is worth observing. I remember Dr. Adam Smith, in his rhetorical lectures at Glasgow[31], told us he was glad to know that Milton wore latchets in his shoes, instead of buckles. When I mention the oak stick, it is but letting Hercules have his club; and, by-and-by, my readers will find this ...
— Life Of Johnson, Volume 5 • Boswell

... almost held the two volumes of his folio dictionary; and he carried in his hand a large English oak stick. Let me not be censured for mentioning such minute particulars. Every thing relative to so great a man is worth observing. I remember Dr Adam Smith, in his rhetorical lectures at Glasgow, told us he was glad to know that Milton wore latchets in his shoes, instead of buckles. When I mention the oak stick, it is but letting Hercules have his club; and, by-and-by, my readers will find this ...
— The Journal of a Tour to the Hebrides with Samuel Johnson, LL.D. • James Boswell

... scene. The English moralist gave the Scotch one the lie direct, and the Scotch moralist applied to the English one a phrase which would have done discredit to the lips of a costermonger; {117} but this notwithstanding, when Boswell reported that Adam Smith preferred rhyme to blank verse, Johnson hailed the news as enthusiastically as did Cedric the Saxon the English origin of the bravest knights in the retinue of the Norman king. 'Did Adam say that?' he shouted: 'I love him for it. I could hug him!' Johnson no ...
— Obiter Dicta - Second Series • Augustine Birrell

... glorious names in philosophy, in history, in poetry and romance, and in every department of science, which since the middle of the eighteenth century have made the country of Burns and Scott, of Hume and Adam Smith, of Black and Hunter and Hutton and Lyell, illustrious for all future time. Now this period of magnificent intellectual fruition in Scotland was preceded by a period of Calvinistic orthodoxy quite as rigorous as that of New England. The ministers of the Scotch Kirk in the seventeenth century ...
— The Beginnings of New England - Or the Puritan Theocracy in its Relations to Civil and Religious Liberty • John Fiske

... Cambridge, but failed to obtain the position. He was more fortunate in 1768, when it again became vacant; but he held it as a sinecure, doing none of its duties. He died in 1770, on the 3d of July, of gout in the stomach. His habits were those of a recluse; and whether we agree or not, with Adam Smith, in saying that nothing is wanting to render him perhaps the first poet in the English language, but to have written a little more, it is astonishing that so great and permanent a reputation should have been founded on so very little as he wrote. Gray ...
— English Literature, Considered as an Interpreter of English History - Designed as a Manual of Instruction • Henry Coppee

... classes become thinner, the professorships will again become poorer. The decline will become rapid and headlong. In a short time, the lectures will be delivered to empty rooms: the grass will grow in the courts: and men not fit to be village dominies will occupy the chairs of Adam Smith and Dugald Stewart, of Reid and ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay

... effect would be immense. "The public system of government is the true education of moral man. Regis ad exemplum totus componitur orbis." [Footnote: The particulars of the Physiocratic doctrine as to the relative values of agriculture and commerce which Adam Smith was soon to criticise do not concern us; nor is it necessary to repeat the obvious criticisms on a theory which virtually reduced the science of society to a science of ...
— The Idea of Progress - An Inquiry Into Its Origin And Growth • J. B. Bury

... uselessness been objected to us, perhaps not always by our enemies nor wholly without ground?" So said Wesley, preaching before the University of Oxford in 1744, and the words in his mouth imply more than the preacher's formality. Adam Smith, Johnson's junior by fourteen years, was so impressed by the utter indifference of Oxford authorities to their duties, as to find in it an admirable illustration of the consequences of the neglect of the true principles of supply and demand implied in the endowment of learning. ...
— Samuel Johnson • Leslie Stephen

... many "issues" evolved from time to time by professional politicians as a kind of Pegasus upon which they fondly hope to ride into power—ever carefully considered the question in all its bearings; studied it from a national, sectional or even individual standpoint. Questions upon which Adam Smith and Auguste Compte, Jefferson and Hamilton disagreed, are settled by the dicta of a partisan convention—composed chiefly of political hacks and irresponsible hoodlums—with less trouble than a colored wench ...
— Volume 1 of Brann The Iconoclast • William Cowper Brann

... not see Sam often in the next month. It had occurred to Sam senior that Adam Smith might cure the boy's taste for 'bosh'; so, by his father's orders, his Sunday afternoons were devoted to The Wealth of Nations. As for his evenings, his grandfather took possession of them. Benjamin Wright's proposal that the young man should go away for a while, had fallen flat; Sam replying, ...
— The Awakening of Helena Richie • Margaret Deland

... Hume, William Huskisson, Sir James Graham, Prof. Torrens, Prof. Sidgwick, J. R. McCulloch, Mr. Gallatin, Prof. Fawcett, Prof. Perry, N. A. Nicholson, Earl Grey, Prof. Shield Nicholson, Lord Overstone, and, in fact, by all writers on political economy of any prominence since Adam Smith. Formerly it was supposed that the value of money depended upon the cost of production; that the reason why a dollar in gold or silver was worth 100 cents was because it took 100 cents' worth of labor to produce metal enough ...
— The Arena - Volume 18, No. 92, July, 1897 • Various

... of imitation and of the likeness of the copy to the original. This he looked upon as relative beauty, to be distinguished from absolute beauty. The same view dominates the English writers of the eighteenth century, among whom may be mentioned Reid, the head of the Scottish school, and Adam Smith. ...
— Aesthetic as Science of Expression and General Linguistic • Benedetto Croce

... then—and he'd have spoken for the devil if they'd have given him a chance. Well, he launched out on his speech in fine style. He began with Noah—as they all did in those days—glided down the centuries to Seneca and Caesar, touched upon Adam Smith and Jefferson, and finally landed in the arms of Monroe P. Reed. There he grew fairly ecstatic over his subject. He spoke of him as 'the lawyer sprung, full-armed, from the head of learning,' as the 'nonpareil Democrat who clove, as Ruth ...
— The Voice of the People • Ellen Glasgow

... form, in which he attempts to realize abstractions, and that they are replaced in his later writings by a rational theory of psychology. (See introductions to the Meno and the Sophist.) And in the Cratylus he gives a general account of the nature and origin of language, in which Adam Smith, Rousseau, and other writers of the last century, would have substantially agreed. At the end of the dialogue, he speaks as in the Symposium and Republic of absolute beauty and good; but he never supposed that they were capable of being embodied ...
— Cratylus • Plato

... of goods is really measured in existing societies by the amount of work necessary to produce it—according to the teaching of Adam Smith and Ricardo, in whose footsteps Marx has followed—suffice it to say here, leaving ourselves free to return to the subject later, that the Collectivist ideal appears to us untenable in a society which ...
— The Conquest of Bread • Peter Kropotkin

... return your books very soon. I only wish to give Dr. Adam Smith one other perusal, which I will do in ...
— The Letters of Robert Burns • Robert Burns

... was a good colony; if little, its consequence was less. Hence the English legislation throttling colonial manufacturers in the supposed interests of English merchants, and confining colonial trade to English channels. Hence the disregard, persistent and unashamed, of Adam Smith's immortal saying: "To prohibit a great people from making all that they can of every part of their own produce, or from employing their stock and industry in the way that they judge most advantageous to themselves, is a manifest violation of the most sacred rights ...
— The Story of Newfoundland • Frederick Edwin Smith, Earl of Birkenhead

... Kingdom a Staple not only of the Commodities of those Plantations but also of the Commodities of other countries and places for the supplying of them, and it being the usage of other Nations to keep their [plantation] Trade to themselves." Adam Smith had raised a doubt as to the wisdom of the end. The American Revolution had raised a doubt as to the wisdom of the means. Yet, with significant changes, the old colonial system lasted for full two ...
— The Canadian Dominion - A Chronicle of our Northern Neighbor • Oscar D. Skelton

... edition of the same work, in 3 vols. 8vo. 1814, with the same portrait, which is engraved from a drawing by D. Martin. His "Gentleman Farmer" spread his fame through Scotland. Its preface is particularly interesting. Mr. Smellie, in his Literary Lives of Gregory, Home, Hume, Adam Smith, and Lord Kames, after giving many interesting particulars of the latter, and after noticing his benevolence to the poor, during the whole course of his long life, proceeds:—"One great feature in the character ...
— On the Portraits of English Authors on Gardening, • Samuel Felton

... organization than Montesquieu. Hume had scattered brilliant rays on dark places, and started ideas which, once at work in the mind, would never rest till they had evolved momentous truths and overthrown long-standing errors. But no one had yet seen, with Adam Smith, that labor was the original source of every form of wealth,—that the farmer, the merchant, the manufacturer, were all equally the instruments of national prosperity,—or demonstrated as unanswerably ...
— The Atlantic Monthly, Volume 14, No. 85, November, 1864 • Various

... its proper niche the volume he had been reading. It was Adam Smith's Wealth of Nations, and he had been wondering by what ironical chance it had found a place in ...
— The Price • Francis Lynde

... and proclaim greed and selfishness to be the very core of human nature, take it all for granted, and let it pass at that. We have gone so far in our degradation that the prophet of capitalistic principles, Adam Smith, in his famous Wealth of Nations, arrives at the laws of wealth, not from the phenomena of wealth nor from statistical statements, but from the phenomena of selfishness—a fact which shows how far-reaching ...
— Manhood of Humanity. • Alfred Korzybski

... don't understand political economy, you know," said Mr. Brooke, smiling towards Mr. Casaubon. "I remember when we were all reading Adam Smith. There is a book, now. I took in all the new ideas at one time—human perfectibility, now. But some say, history moves in circles; and that may be very well argued; I have argued it myself. The fact is, human reason may carry you a little too far—over ...
— Middlemarch • George Eliot

... exclaimed a poor Irishman, as he stood on the deck of a vessel, which was carrying him out of the bay of Dublin. The pathos of this poor fellow will not probably affect delicate sensibility, because he says wid instead of with, and Jasus instead of Jesus. Adam Smith is certainly right in his theory, that the sufferings of those in exalted stations have generally most power to command our sympathy. The very same sentiment of sorrow at leaving his country, which ...
— Tales and Novels, Vol. IV • Maria Edgeworth

... insignificant, but yet most characteristic, particulars. Thus he apologizes for informing the reader that Johnson, when journeying, "carried in his hand a large English oak-stick:" adding, "I remember Dr. Adam Smith, in his rhetorical lectures at Glasgow, told us he was glad to know that Milton wore latchets in his shoes instead of buckles." Boswell lets us know how Johnson looked, what dress he wore, what was his talk, what were his prejudices. He painted ...
— Character • Samuel Smiles

... a political economy book, for I thought if the examiners shared my opinion they would wonder how little of this subject I knew. I couldn't keep away from the wretched thing, try as I would, and was always reading "Adam Smith" and "Walker" at odd moments. I think my ...
— Godfrey Marten, Undergraduate • Charles Turley

... Captain Cook; So jot it down in these our Rhymes That round the World he sailed three times. Inventions These are the days of much invention 1767 The 'Spinning Jenny' we will mention; The 'Cotton Mule' and 'Power Loom'; For Authors' names there's lack of room. Adam Smith In his book 'The Wealth of Nations' 1766 Adam Smith shows the relations Governing the Art of Trading; With influences far pervading. 'Man buys as cheaply as he can And sells as dearly, that's his plan.' 'Supply ...
— A Humorous History of England • C. Harrison

... substituting in their place the most unfavourable he could find. He gave the philosophic circle in Paris exquisite delight by the confirmation which his story furnished of their own foresight, when they had warned him that he was taking a viper to his bosom. Finally, in spite of the advice of Adam Smith, of one of the greatest of men, Turgot, and one of the smallest, Horace Walpole, he published a succinct account of the quarrel, first in French, and then in English. This step was chiefly due to the advice of the clique ...
— Rousseau - Volumes I. and II. • John Morley

... why, like property, they are all contradictory of each other, and half the time inapplicable. The proof of this assertion, which is, in one sense, a denial of political economy as handed down to us by Adam Smith, Ricardo, Malthus, and J. B. Say, and as we have known it for half a century, will be especially developed in ...
— The Philosophy of Misery • Joseph-Pierre Proudhon

... person with the individual presenting the copy and yet differentiation from him. Through imitation we appreciate the other person. We are in sympathy or en rapport with him, while at the same time we appropriate his sentiment and his technique. Ribot and Adam Smith analyze this relation of imitation to sympathy and Hirn points out that in art this process of internal imitation is indispensable ...
— Introduction to the Science of Sociology • Robert E. Park

... stated, the truth of this principle may be slow in development, as all truths are and ever have been, in the various branches of science. It was so with the principles announced by Galileo. It was so with Adam Smith and his principles of political economy. It was so with Harvey and his theory of the circulation of the blood; it is stated that not a single one of the medical profession, living at the time of the announcement of the truths made by him, admitted them. Now they are universally ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various

... way to wealth and social distinction. He was associated with Cadell in the purchase of copyrights, on the death of Cadell's partner and former master, Andrew Millar, who died circa 1768. The names of Strahan and Cadell appeared on the title-pages of the great works of Gibbon, Robertson, Adam Smith, and Blackstone. In 1776 Hume wrote to Strahan, "There will be no books of reputation now to be printed in London, but through your hands and Mr. Cadell's." Gibbon's history was a vast success. The first edition of 1,000 went off in a few days. This ...
— Old and New London - Volume I • Walter Thornbury

... endeavors to carry into effect the project so imperfectly traced out in the new decree of 1803. The opinion of the most vehement enemies of the privileged bodies tacitly approves this exception in their favor. Adam Smith, avowedly hostile to all monopolies, feels himself compelled to confess that, "without the incentives which exclusive companies offer to the individuals of a nation carrying on little trade, possibly their confined capitals would cease to be destined ...
— The Former Philippines thru Foreign Eyes • Fedor Jagor; Tomas de Comyn; Chas. Wilkes; Rudolf Virchow.

... employed in cultivating art and literature, and he became accomplished in languages and in instrumental and vocal music. He was early interested in political and social economy through the writings of Adam Smith, J.B. Say, Comte, and others; and having inherited considerable landed property at Mugron on the death of his grandfather in 1827, he undertook the personal charge of it, at the same time continuing his economic studies. His experiment in farming did not prove successful; ...
— Library Of The World's Best Literature, Ancient And Modern, Vol 4 • Charles Dudley Warner

... same time in England, Adam Smith was working on his mighty volumes on the "Wealth of Nations," which made another plea for "liberty" and the "natural rights of trade." Thirty years later, after the fall of Napoleon, when the reactionary powers of Europe ...
— The Story of Mankind • Hendrik van Loon

... laws of Moses would have made the world over. He was the greatest writer on political economy this earth has ever seen. His absolute fiat against the alienation of the land would have done more for the common people than all Adam Smith's theories of free competition, and Fourier's dream of a perfected communism. But who would have known of Moses, save for Christ? The Old Testament would have been merely the sacred book of the Hebrews, and save as a literary and historic work, of very uncertain ...
— The Master-Knot of Human Fate • Ellis Meredith

... as just, this reasoning cannot be refuted. Discussed in economic literature since before the day of Adam Smith, it has withstood every form of assault. If it has not been acted on in the Old World, it is because the wage-workers there, ignorant and in general deprived of the right to vote, have been helpless; and if not in the New, because, first, until within recent years the free western lands, ...
— Direct Legislation by the Citizenship through the Initiative and Referendum • James W. Sullivan

... with "the faculties of the mind and the effects which our reasoning powers and our passions produce upon the actions of our lives." It has nothing to do with ethics or duty. And the definition used in Edinburgh is also used in Albemarle Street. Dugald Stewart and Thomas Brown[30] and Adam Smith, Hume and Reid and Oswald and Beattie and Ferguson, are names which meet us on every page. The lecturer has learnt from Scotsmen, and reproduces what the Scotsmen taught him. Mind and Matter are two great realities. When people are informed ...
— Sydney Smith • George W. E. Russell

... a modest pamphlet, which fed so voraciously on the criticism supplied to it, that it developed into a mighty contribution to a great social problem, second only in time and in honour to the work of his great predecessor in economic studies, Adam Smith. ...
— The Fertility of the Unfit • William Allan Chapple

... developed by economic and sociological work in college. Read them with the critical social and political situations in mind. Read entire books at a sitting to absorb the spiritual valor of the prophets and their sense of God and of righteousness. George Adam Smith's "The Book of the Twelve Prophets" has fine social understanding, and ...
— The Social Principles of Jesus • Walter Rauschenbusch

... rapidity is still further increased from the circumstance that most of the operations in factories, where the division of labour is carried to a considerable extent, are paid for as piece-work. It is difficult to estimate in numbers the effect of this cause upon production. In nail-making, Adam Smith has stated, that it is almost three to one; for, he observes, that a smith accustomed to make nails, but whose whole business has not been that of a nailer, can make only from eight hundred to a thousand per day; whilst a lad who had never exercised ...
— On the Economy of Machinery and Manufactures • Charles Babbage

... which the theory of Marx imposes on us, such a further fact is very easy to find. Adam Smith opens his Wealth of Nations with a discussion of it. The chief cause, he says, which in all progressive countries increases the productive power of the individual labourer, is not the development among a few ...
— A Critical Examination of Socialism • William Hurrell Mallock

... why these two metals form the money of the most civilised nations, need not be gone into here at any length. 'Their qualities of utility, beauty, and scarcity,' says Adam Smith, 'are the original foundation of the high price of those metals, or of the great quantity of other goods for which they can everywhere be exchanged. This value was antecedent to, and independent of, their being employed as ...
— Chambers's Edinburgh Journal, No. 449 - Volume 18, New Series, August 7, 1852 • Various

... pages, on the statute-book, imposing an infinity of chaotic duties on every kind of import; they made the customs costly to collect and easy to evade; and the industry they stimulated most was smuggling. The younger Pitt, influenced by Adam Smith, whose Wealth of Nations appeared in 1776, reduced and simplified these duties; but 443 Acts still survived when in 1825 Huskisson and other enlightened statesmen secured their consolidation and reduction to eleven. This Tariff Reform, as its supporters called it, was ...
— The History of England - A Study in Political Evolution • A. F. Pollard

... if he confessed to be ignorant of the great speeches of Burke; for such a confession would be like admitting that he had never read the first book of Hooker's Ecclesiastical Polity, Bacon's Essays and Advancement of Learning, Milton's Areopagitica, Butler's Analogy, and Adam Smith's Wealth of Nations. ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... that Adam Smith in his famous Wealth of Nations showed that such restrictions were actually injurious to the prosperity of the country which imposed them, and combated the theories on which the relations of England with her colonies had been built up. He desired that ...
— The Political History of England - Vol. X. • William Hunt

... truth. L'Esprit is perhaps the most readable book upon morals that ever was written, for persons who do not care that what they read shall be scientifically true. Hume, who, by the way, had been invited by Helvetius to translate the book into English, wrote to Adam Smith that it was worth reading, not for its philosophy, which he did not highly value, but for its agreeable composition.[113] Helvetius intended that it should be this, and accordingly he stuffed it with stories and anecdotes. Many ...
— Diderot and the Encyclopaedists - Volume II. • John Morley

... scientifically, historically, ethically altogether wrong; and yet you may exercise an irresistible literary fascination over your own generation and all that follow. Charles Lamb speaks disdainfully of books which are no books, things in books' clothing. He had in mind Adam Smith's Wealth of Nations, essays on population, treatises on moral philosophy, and so forth. He meant that such works are works, but no literature. Mill's Logic, geographical descriptions, guidebooks, the Origin of Species, whatever may be the value of such volumes for thought or knowledge, ...
— Platform Monologues • T. G. Tucker

... and Thackeray; the home of Newton, Adam Smith, Darwin and Lyell will ever remain a land of honour to educated Germans. Where would it end if I were to count up the heroes of English intellect whose names are written in letters of gold ...
— What Germany Thinks - The War as Germans see it • Thomas F. A. Smith

... country); for he is baring his breast to rush on the bayonets of the guards, a willing sacrifice, as he believes, poor fellow, for a great public principle. In his pocket he has three pamphlets, 'On Water Drinking, or The Blessings of Imprisonment for Debt,'—and Adam Smith's 'Moral Essays.'—Ruffles hang from his wrists, the relics of former days, rags cover his feeble legs, one foot is naked, and his appearance is that of a decaying being, mind ...
— The Mirror of Literature, Amusement, and Instruction - Volume 12, No. 336 Saturday, October 18, 1828 • Various

... too full of precept upon precept; and a smattering of principles is too often found in the place of practice. How can this order of things be improved but by setting forth duties as innocent pleasures, sweetening utility with entertainment, and garnishing fact with fancy. A man need not study Adam Smith's Wealth of Nations to become rich, nor seek the glories of nature in artificial Systems. But the contrary notion has probably given rise to the observation, that, "what the present generation have gained in head, ...
— The Mirror of Literature, Amusement, and Instruction - No. 555, Supplement to Volume 19 • Various

... readily took the form of antagonism to the State as such. Thus the political theory of Milton and the Puritans not only justified resistance to Charles I, it also proclaimed a doctrine of the natural rights of the individual fatal to all types of government. Similarly the political theory of Adam Smith and the laissez-faire economists, together with that of their contemporaries, Bentham and the utilitarian philosophers, not only attacked the restrictive regulations of the Whig oligarchy, but showed on general principles the strongest dislike of what it called "State interference" ...
— Freedom In Service - Six Essays on Matters Concerning Britain's Safety and Good Government • Fossey John Cobb Hearnshaw

... unduly sensitive to the unfriendly, often insulting and always unwise, criticisms of a large proportion of the press and the public men of England. In ordinary times we could afford to receive them with a good-natured smile. The zeal of certain new converts to Adam Smith in behalf of the free-trade principles whose cross they have assumed, their hatred and contempt for all heretics to what is their doxy and therefore according to Dean Swift orthodoxy, and the naive unconsciousness with which they measure and ...
— Atlantic Monthly, Vol. 8, No. 50, December, 1861 • Various



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