"The Wealth of Nations" is a book published by the Commercial Press on December 1, 1972. The author is Adam Smith (UK). In November 2015, it was named one of the 20 most influential academic books. Below are the classic quotes from Adam Smith's novel "The Wealth of Nations" that I shared. Let's take a look.

Introduction to classic quotations from Adam Smith's novel "The Wealth of Nations"

1. However, the reason for the increase in labor wages is not because of how wealthy the country is now, but because of the continued wealth of the country. Increase. The highest labor wages will not appear in the richest countries, but only in the most prosperous countries. In other words, the countries that reach wealth the fastest. -- Adam Smith, "The Wealth of Nations"

2. A country that ignores or despises foreign trade cannot operate a variety of trades that can be operated under different systems. The rich enjoy security to a large extent. I feel that not only do the poor and small capitalists have no sense of security, but they may also be forcibly robbed by lower-level officials under the pretext of law enforcement at any time. It is absolutely impossible for the various industries operated in the country to invest sufficient capital to the extent they should. In various industries, , will inevitably enable the rich to establish a monopoly. --Adam Smith, "The Wealth of Nations"

3. Among the princes and ministers, they advocate the need to supervise the private economy and curb extravagance and waste, but they themselves are always, without exception, the most profligate in society. person. They just need to pay good attention to their own expenses, and let the people manage their own expenses. If their profligacy will not destroy the country, how can the people's waste be discussed? -- Adam Smith, "The Wealth of Nations"

4. Businessmen do not need to complain about reduced profits, thinking that this is the decline of business, and reduced profits are the natural result of business prosperity. -- Adam Smith, "The Wealth of Nations"

5. Whether a person is rich or poor depends on the amount and quality of the necessities, conveniences and entertainment he can enjoy. --Adam Smith, "The Wealth of Nations"

6. The income of workers, or the quality of life, depends on the speed of social production growth rather than the absolute level. In ancient China, although it was rich in products, its development had been stagnant for a long time, so the situation of lower-class workers was extremely miserable. -- Adam Smith, "The Wealth of Nations"

7. Personal interests and desires will naturally lead people to allocate social capital as much as possible in a proportion that is most suitable for the interests of the whole society. All different domestic uses. -- Adam Smith, "The Wealth of Nations"

8. In any country, the interests of the people always and must lie in purchasing the various items they need from the person who sells them at the cheapest price. --Adam Smith, "The Wealth of Nations"

9. Man is born, and will always be, a selfish animal. -- Adam Smith, "The Wealth of Nations"

10. It is true that before there is frugality, there must be diligence. Everything accumulated through frugality is obtained by hard work. But if there is only diligence without frugality, and there is income but no savings, capital will never be increased. --Adam Smith, "The Wealth of Nations"

11. Nothing is more useful than water, but the goods that can be exchanged for it are very limited, and very few things can be exchanged for water. In contrast, diamonds have little use, but can be exchanged for large amounts of goods. -- Adam Smith, "The Wealth of Nations"

12. People entrust their lives to doctors, and their property and even reputation to lawyers. One does not give this kind of confidence to someone who is stingy or in a bad situation. The income of doctors and lawyers should reach such a level that they have a decent and trustworthy social status. Coupled with the huge amount of money and time required for their education, this will inevitably drive up the price of providing services. -- Adam Smith, "The Wealth of Nations"

13. Poverty will undoubtedly make people not want to get married, but it may not make people not get married. --Adam Smith, "The Wealth of Nations"

14. Don't think about how to serve the society or the country all day long. Just do things to maximize your own interests, because when you and other people When you serve your own interests to the greatest extent, even though your subjective desire is not to do it for society, the actual effect is that you have made the greatest contribution to society and the collective. --Adam Smith, "The Wealth of Nations"

15. If a person can stimulate others' self-interest and voluntarily do things for him for his own benefit, he can achieve his goal more easily. Anyone who wants to do business with others can first propose this: Please give me what I need, so that you can get what you want from me. This is the general meaning of trading. --Adam Smith, "The Wealth of Nations"

16. If a person's life is spent on a few simple, single-function operations, he will have no chance to develop his understanding and use his abilities. creativity to solve puzzles. He naturally loses the habit of exertion and even declines to the point of extreme stupidity and ignorance. This dullness of mind deprives him not only of interest and ability to converse, but also of any generous, noble, or tender feelings. --Adam Smith's "The Wealth of Nations"

17. ?The invisible hand?.

In the market economy, there is an invisible hand that causes you to create greater value for others when you pursue your own interests than when you subjectively think about contributing to society. This is the wonder of market economy. -- Adam Smith, "The Wealth of Nations"

18. As long as it does not violate just laws, everyone has complete freedom to pursue his own interests in his own way. ? Adam Smith's "The Wealth of Nations"

19. If the degree of growth of a country's industrial and labor productivity is extremely high, the division of labor in its various industries will generally also reach an extremely high degree. . A job that was performed by one person in a savage society generally becomes a job shared by several people in a progressive society. -- Adam Smith, "The Wealth of Nations"

20. Things with great use value often have very little exchange value, or even none; conversely, things with great exchange value often have very little exchange value. of use value, or even none. -- Adam Smith, "The Wealth of Nations"

21. Worrying about others instead of ourselves, limiting our selfishness, and showing our charitable emotions constitute the natural perfection of human nature. -- Adam Smith, "The Wealth of Nations"

22. By pursuing his personal interests, he often promotes the interests of the society more effectively than he originally expected. . I never heard of many good things being accomplished by those who interfered with trade under the pretense of furthering public interests. --Adam Smith's "The Wealth of Nations"

23. All are subject to the following two situations: First, generally speaking, how skillfully and skillfully the people of this country use labor. , how to have judgment; second, what is the ratio between the number of people engaged in useful labor and the number of people not engaged in useful labor. Whatever the soil, climate, and area of ??a country, the annual supply of its citizens must depend on these two conditions. --Adam Smith, "The Wealth of Nations"

24. Monopolies, by constantly keeping the market inventory low and selling their products at prices much higher than normal, thereby increasing both wages and profits. improve their remuneration. --Adam Smith, "The Wealth of Nations"

25. Whenever a person owns assets that are only enough to sustain himself for a few days or weeks, he rarely thinks of getting out of this situation. Assets receive any income. He merely may spend it sparingly, and try to obtain something by his own labor to replace it before it is completely consumed. In this case, his income comes solely from his labor. This is the condition of the majority of the working poor in all countries. --Adam Smith's "The Wealth of Nations"

Brief introduction to Adam Smith's novel "The Wealth of Nations"

Adam Smith was not the earliest pioneer of economic theory; Many of his famous ideas are not new and unique, but he proposed a comprehensive and systematic economic theory for the first time, laying a good foundation for the development of this field. Therefore, it can be said that "The Wealth of Nations" is the starting point of modern political economics research.

"The Wealth of Nations" is far from being an academic treatise as usually considered. Although Smith also advocated laissez-faire, his arguments were more against government intervention and against monopoly; although he praised the results of greed, he almost always despised the behavior and strategies of businessmen. Nor did he think that the business system itself was entirely praiseworthy.

Introduction to Adam Smith

Adam Smith (1723-1790) is the main founder of economics. He was born in Kirkcaldy, Scotland in 1723, and studied at Oxford University as a youth. From 1751 to 1764 he served as professor of philosophy at the University of Glasgow. During this period he published his first work, The Theory of Moral Sentiments, which established his prestige in the intellectual community. But his enduring fame lies chiefly in his great work, An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776. The book was an instant success, and he enjoyed honors and adoration for the rest of his life. In 1790, Adam Smith died in Kirkcaldy. He never married and had no children.