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6 months 4 weeks ago
How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.
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Section I, Chap. I.
6 months 4 weeks ago
I perfectly agree with your Lordship too, that to crush the Industry of so great and so fine a province of the empire, in order to favour the monopoly of some particular towns in Scotland or England, is equally unjust and impolitic. The general opulence and improvement of Ireland might certainly, under proper management, afford much greater resources to the Government, than can ever be drawn from a few mercantile or manufacturing towns.
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Letter to Henry Dundas (1 November 1779), quoted in Adam Smith, The Correspondence of Adam Smith, eds. E. C. Mossner and I. S. Ross (1987), p. 241
6 months 4 weeks ago
Poor David Hume is dying very fast, but with great cheerfulness and good humour and with more real resignation to the necessary course of things then any whining Christian ever dyed with pretended resignation to the will of God.
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Letter to Alexander Wedderburn 14 August 1776. The Correspondence of Adam Smith edited by E.C. Mossner and Ian Simpson Ross, 2nd edition, Oxford University Press 1986. [https://www.ac.edu.au/custom-utils/download-count/target_address=http://apps.acu.edu.a
6 months 4 weeks ago
The Union was a measure from which infinite Good has been derived to this country.
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Letter to William Strahan (4 April 1760), quoted in Adam Smith, The Correspondence of Adam Smith, eds. E. C. Mossner and I. S. Ross (1987), p. 68
6 months 4 weeks ago
To desire you to read my book over and mark all the corrections you would wish me to make...would oblige me greatly: I know how much I shall be benefitted and I shall at the same time preserve the pretious right of private judgement for the sake of which our forefathers kicked out the Pope and the Pretender. I believe you to be much more infalliable than the Pope, but as I am a Protestant my conscience makes me scruple to submit to any unscriptural authority.
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Letter to William Strahan (4 April 1760), quoted in Adam Smith, The Correspondence of Adam Smith, eds. E. C. Mossner and I. S. Ross (1987), pp. 67–68
11 months 1 week ago

The rulers of Great Britain have, for more than a century past, amused the people with the imagination that they possessed a great empire on the west side of the Atlantic. This empire, however, has hitherto existed in imagination only.

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Chapter III, Part V, p. 1032 (Last Page).
11 months 1 week ago

When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid. The liberation of the public revenue, if it has ever been brought about at all, has always been brought about by bankruptcy; sometimes by an avowed one, but always by a real one, though frequently by a pretend payment.

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Chapter III, Part V, p. 1012.
11 months 1 week ago

But bounty and hospitality very seldom lead to extravagance; though vanity almost always does.

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Chapter III, Part V, p. 987.
11 months 1 week ago

The value of money is in proportion to the quantity of the necessaries of life which it will purchase.

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Chapter II, Part II, Article IV.
11 months 1 week ago

That of beaver skins, of beaver wool, and of gum Senega, has been subjected to higher duties; Great Britain, by the conquest of Canada and Senegal, having got almost the monopoly of those commodities.

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Chapter II, Part II, Article IV, p. 954-955.

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