It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
More Quotes from Adam Smith:
As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.Adam Smith
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith
That was probably our best game of the year.
Adam Smith
There's a lot of concern about the dependability of touch-screen voting, for example. Vote by mail may be low tech, but it works.
Adam Smith
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.
Adam Smith
As a man of civil profession seems awkward in a camp or a garrison, and is even in danger of being despised there, so does an idle man among men of business,
Adam Smith
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