"Adam smith" Quotes from Famous Books
 ... of that science that labour is the principal producer of capital. Everybody admitted that the crying want of Ireland was the want of capital; yet here is a Minister, holding in his hands her destinies during a life-and-death struggle for existence, and an ardent disciple of Adam Smith besides, expressing his belief that to expend in useless and even pernicious works the labour of half a million of men was a matter of secondary importance; and because it was, he did not attach any great ...
— The History of the Great Irish Famine of 1847 (3rd ed.) (1902) - With Notices Of Earlier Irish Famines • John O'Rourke
... 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 ...
— Chambers's Edinburgh Journal, No. 449 - Volume 18, New Series, August 7, 1852 • Various
... as is usual on these points, vehemently threw themselves into an opposite direction; but they perhaps advanced too far in converting the Sabbath-day into a sullen and gloomy reserve of pharisaical austerity. Adam Smith, and Paley, in his "Moral and Political Philosophy," vol. ii. p. 73, have taken more enlightened views on ...
— Literary Character of Men of Genius - Drawn from Their Own Feelings and Confessions • Isaac D'Israeli
... exchange value 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 considers the instruments of labour as a common inheritance. Starting from ...
— The Conquest of Bread • Peter Kropotkin
... I were asked to sum up in a sentence the difference and the connection (between the two schools) I would say that the Manchester men were the disciples of Adam Smith and Bentham, while the Philosophical Radicals followed Bentham and Adam Smith" (F. W. Hirst, The Manchester School, Introd., p. xi). Lord Morley, in the concluding chapter of his Life of Cobden, points out that it was the view of "policy as a whole" in connection with the economic movement ...
— Liberalism • L. T. Hobhouse
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