Adam Smith Quotes


There is scarce a poor man in England of forty years of age, I will venture to say who has not in some part of his life felt himself most cruelly oppressed by this ill-contrived law of settlement.


Citations

Adam Smith, 1723-1790, Scottish Political Economist, Quoted in Arnold J. Toynbee, Lectures on the Industrial Revolution of the 18th Century in England

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

Although English, Cobett spent time in America and published a newspaper, The Porcupine Gazette, in Philadelphia. We was very conservative but on the issue of slavery his resembled a liberal point of view. He never used sugar, coffee, or rum because slave labor produced them. However, he advocated legally enslaving lazy people, blacks and whites, who would not work.


As an entertainer she had toured much of the world and seen American slavery and that of some other nations. She became a staunch abolitionist and like entertainers in the 20th and 21st centuries she used her celebrity to give anti-slavery lectures and perform for audiences where she donated the proceeds of the event to the abolition cause. She is a particularly interesting political figure in that she seems to be one of the first entertainers to perform for a social cause and become an activist.


Adam Smith
Adam Smith
  • Born: June 16, 1723
  • Died: July 17, 1790
  • Nationality: Scottish
  • Profession: Economist

Adam Smith FRSA was a Scottish economist, philosopher as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.