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
No complaint… is more common than that of a scarcity of money. – Adam Smith
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things. – Adam Smith
Labor was the first price, the original purchase – money that was paid for all things. – Adam Smith