The agents of [government] regard the wealth of their master as inexhaustible; are careless at what price they buy at what price they sell.
More quotes by Adam Smith
Those unproductive hands may consume so great a share that all the frugality and good conduct of individuals may not be able to compensate this violent and forced encroachment.
The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
In the midst of all the exactions of government It is this effort, protected by law and allowed by liberty to exert itself in the manner that is most advantageous, which has maintained the progress.
More quotes about Politics
Grotesque as the Soviet empire was, its very existence offered a certain space for non-alignment, and for perfectly cynical reasons, it sometimes provided assistance to victims of Western attack. Those options are gone, and the South is suffering the consequences.
Well take, say a corporate executive By law, a corporate executive must work to increase the profitability of the corporation. Disregarding the effects that it has on others. That’s actually a legal principle and that’s psychopathic.
Russia is opposed to the proliferation of mass destruction weapons, including nuclear weapons, and in this context we call upon our Iranian friends to abandon the uranium enrichment programme.
Everybody’s worried about stopping terrorism. Well, there’s a really easy way: stop participating in it.
I don’t think I’m going to lose, but if I do, I don’t think you’re ever going to see me again, folks. I think I’ll go to Turnberry and play golf or something.
The nations of Africa, as is true of every continent of the world, from time to time dispute among themselves. These quarrels must be confined to this continent and quarantined from the contamination of non-African interference.
It was sort of important for us not to deal with a specific policy change, or a specific sort of approach, but to deal with cultural change.
There should be no unemployment. There is large percentage of labor now which cannot make a living because wages are not high enough. That is industry’s 2nd job. 1st job is to make good product. 2nd pay a good wage.
I was at the Battle of Britain memorial yesterday. I was there out of respect for that amazing moment in British history. I was also thinking about my family, my mum and dad who were there at that time in London, and worked as air raid wardens during the Blitz, and I was thinking about that. It was a respectful ceremony, and I stood in respect throughout it. [ ] The issue is that we had a memorial for the Battle of Britain, I was there, I showed respect for it, and I’ll show respect in the proper way at all future events.
Undoubtedly, our path is not of the easiest; but, just as undoubtedly, we are not to be frightened by difficulties. Paraphrasing from the well-known words of Luther, Russia might say: Here I stand on the frontier between the old, capitalist world and the new, socialist world. Here on this frontier I unite the efforts of the proletarians of the West and of the peasantry of the East in order to shatter the old world. May the god of history be my aid!
China has created very good investment tools, including an entire network of very large funds. The Russian Private Investment Fund works with some of those funds, with China’s largest investment funds.