Adam Smith quote

Adam Smith quotes

Adam Smith quotes

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.

Adam Smith

Adam Smith

Adam Smith

Adam Smith FRSA was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era. Smith is best known for two classic works: An Inquiry into the Nature and Causes of the Wealth of Nations and The Theory of Moral Sentiments . The former, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics.

Birth: 16 June 1723

Died: 1790-07-17

Nickname: Adam Smith

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