It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the…

Quote by Adam Smith

The theory that can absorb the greatest number of facts, and persist in doing so,...

The theory that can absorb the greatest number of facts, and persist in doing so,...

No complaint... is more common than that of a scarcity of money.

No complaint... is more common than that of a scarcity of money.

It (Oxford) is a sanctuary in which exploded systems and obsolete prejudices find shelter and...

It (Oxford) is a sanctuary in which exploded systems and obsolete prejudices find shelter and...

As soon as the land of any country has all become private property, the landlords,...

As soon as the land of any country has all become private property, the landlords,...

All money is a matter of belief.

All money is a matter of belief.

I have never known much good done by those who affected to trade for the...

I have never known much good done by those who affected to trade for the...

This is one of those cases in which the imagination is baffled by the facts.

This is one of those cases in which the imagination is baffled by the facts.

Consumption is the sole end and purpose of all production; and the interest of the...

Consumption is the sole end and purpose of all production; and the interest of the...

Humanity is the virtue of a woman, generosity that of a man.

Humanity is the virtue of a woman, generosity that of a man.

This is one of those cases in which the imagination is baffled by the facts.

This is one of those cases in which the imagination is baffled by the facts.

Man is an animal that makes bargains: no other animal does this - no dog...

Man is an animal that makes bargains: no other animal does this - no dog...

To feel much for others and little for ourselves; to restrain our selfishness and exercise...

To feel much for others and little for ourselves; to restrain our selfishness and exercise...

Labour was the first price, the original purchase - money that was paid for all...

Labour was the first price, the original purchase - money that was paid for all...

The theory that can absorb the greatest number of facts, and persist in doing so,...

The theory that can absorb the greatest number of facts, and persist in doing so,...

On the road from the City of Skepticism, I had to pass through the Valley...

On the road from the City of Skepticism, I had to pass through the Valley...

Defense is superior to opulence.

Defense is superior to opulence.

Science is the great antidote to the poison of enthusiasm and superstition.

Science is the great antidote to the poison of enthusiasm and superstition.

A man can succeed at almost anything for which he has unlimited enthusiasm.

A man can succeed at almost anything for which he has unlimited enthusiasm.

Every production of genius must be the production of enthusiasm.

Every production of genius must be the production of enthusiasm.

Years wrinkle the skin, but to give up enthusiasm wrinkles the soul.

Years wrinkle the skin, but to give up enthusiasm wrinkles the soul.