Adam Smith
Adam Smith
Adam Smith– 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment...
NationalityScottish
ProfessionEconomist
Date of Birth5 June 1723
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In public, as well as in private expences, great wealth may, perhaps, frequently be admitted as an apology for great folly.
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Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
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In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
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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.
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Every individual...generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
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We think most publishers and authors will choose to participate in the publisher program in order to introduce their work to countless readers around the world. But we know that not everyone agrees, and we want to do our best to respect their views too. So now, any and all copyright holders . . . can tell us which books they'd prefer that we not scan if we find them in a library.
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That was probably our best game of the year.
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We're building this area between Milwaukee and Chicago as the best of both worlds. We're just excited to bring another high-profile event here.
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Mankind are animals that makes bargains, no other animal does this.
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We are not ruling out that if a program is performing poorly, it doesn't get funding.
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Give credit to their goalie as he had some good saves.
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This was a big win. These guys are a good team, so we didn't expect that one goal to hold up.
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When EAA began the 'Timeless Voices' project in 2002, we sought to record the personal histories of a remarkable aviation generation that was passing from our midst. We have saved many stories from people who now, just a few years later, are no longer with us.