Quote by Adam Smith
People of the same trade seldom meet together, even for merriment

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. – Adam Smith

Other quotes by Adam Smith

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

Category:
Fear
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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
Unions
category

One of the great reasons for the popularity of strikes is that they give the suppressed self a sense of power. For once the human tool knows itself a man, able to stand up and speak a word or strike a blow. – Charles Horton Cooley

Category:
Unions

With all their faults, trade unions have done more for humanity than any other organization of men that ever existed. They have done more for decency, for honesty, for education, for the betterment of the race, for the developing of character in man, than any other association of men. – Clarence Darrow

Category:
Unions

The General Strike has taught the working class more in four days than years of talking could have done. – Arthur Balfour

Category:
Unions

It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize. – Theodore Roosevelt

Category:
Unions

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Sound science must be a basis to governing our trade relations around the globe. – Bill Frist

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I have been wounded like this since about half past eight this morning and I will tell you how it happened. – Francesco Borromini

Category:
Morning