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Tag: Adam Smith

The real tragedy of the poor is the poverty of their aspirations.

The real tragedy of the poor is the poverty of their aspirations. 

Adam Smith

Posted in: General Filed under: Adam Smith

Labour was the first price, the original purchase-money that was paid for all things

Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased

Adam Smith

Posted in: Labor Filed under: Adam Smith

The real price of every thing

“The real price of every thing … is the toil and trouble of acquiring it.” – Adam Smith

Posted in: Price Filed under: Adam Smith

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