A. Smith

Cited as A. Smith. — 12 quotations

Dissolvent

Melted in the crucible dissolvents.

Export

The ordinary course of exchange . . . between two places must likewise be an indication of the ordinary course of their exports and imports.

Externality

Pressure or resistance necessarily supposes externality in the thing which presses or resists.

Indirectly

To tax it indirectly by taxing their expense.

Industry

We are more industrious than our forefathers, because in the present times the funds destined for the maintenance of industry are much greater in proportion to those which are likely to be employed in the maintenance of idleness, than they were two or three centuries ago.

Money

To prevent such abuses, . . . it has been found necessary . . . to affix a public stamp upon certain quantities of such particular metals, as were in those countries commonly made use of to purchase goods. Hence the origin of coined money, and of those public offices called mints.

Regard

He has rendered himself worthy of their most favorable regards.

Sensible

Any very sensible effect upon the prices of things.

Speculation

Sudden fortunes, indeed, are sometimes made in such places, by what is called the trade of speculation.

Speculative

The speculative merchant exercises no one regular, established, or well-known branch of business.

Taille

The taille, as it still subsists in France, may serve as an example of those ancient tallages. It was a tax upon the profits of the farmer, which they estimate by the stock that he has upon the farm.

University

The present universities of Europe were, originally, the greater part of them, ecclesiastical corporations, instituted for the education of churchmen . . . What was taught in the greater part of those universities was suitable to the end of their institutions, either theology or something that was merely preparatory to theology.