Quote by Adam Smith
Labor was the first price, the original purchase-money that was pa

Labor was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labor, that all wealth of the world was originally purchased. – Adam Smith

Other quotes by Adam Smith

To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation that is governed by shopkeepers. – Adam Smith

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Empire
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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 wealth of the world was originally purchased. – Adam Smith

Category:
Money
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Other Quotes from
Labor Day
category

The end of labor is to gain leisure. – Aristotle

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Labor Day

Man is so made that he can only find relaxation from one kind of labor by taking up another. – Anatole France, The Crime of Sylvestre Bonnard

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Labor Day

There is precious little hope to be got out of whatever keeps us industrious, but there is a chance for us whenever we cease work and become stargazers. – H.M. Tomlinson

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Labor Day

Without labor nothing prospers. – Sophocles

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Labor Day

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Leadership is the other side of the coin of loneliness, and he who is a leader must always act alone. And acting alone, accept everything alone. – Ferdinand Marcos

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Improving our national intelligence capabilities should remain a top priority and a continual process. – Blanche Lincoln

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