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11 months 1 week ago

Corn is a necessary, silver is only a superfluity.

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Chapter XI, Part III, (First Period) p. 223.
11 months 1 week ago

China is a much richer country than any part of Europe.

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Chapter XI, Part III, (First Period) p. 221.
11 months 1 week ago

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.

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Chapter XI, Part II, p. 202 (See also Thorstein Veblen).
11 months 1 week ago

Good roads, canals, and navigable rivers, by diminishing the expence of carriage, put the remote parts of the country more nearly upon a level with those of the neighbourhood of the town. They are upon that the greatest of all improvements.

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Chapter XI, Part I, p. 174.
11 months 1 week ago

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters.

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Chapter x, Part II, p. 168.
11 months 1 week ago

In England, and in all Roman Catholic countries, the lottery of the church is in reality much more advantageous than is necessary.

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Chapter X, Part II, p. 155.
11 months 1 week ago

...the competition of the poor takes away from the reward of the rich.

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Chapter X, Part II, p. 154.
11 months 1 week ago

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty or justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary.

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Chapter X, Part II, p. 152.
11 months 1 week ago

The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.

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Chapter X, Part II.
11 months 1 week ago

The world neither ever saw, nor ever will see, a perfectly fair lottery.

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Chapter X, Part I.

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