Quote by Adam Smith
The real and effectual discipline which is exercised over a workma

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

Other quotes by Adam Smith

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

Category:
Labor Day
Read Quote

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
Read Quote

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

Category:
Unions
Read Quote
Other Quotes from
Fear
category

They did interviews with my wife and daughter-they were genuinely in fear of me having a heart attack, working 20 hours a day, eating fast food. – Willie Aames

Category:
Fear

I was horrified when Richard Chamberlain and Rupert Everett said gay actors should stay in the closet. They were saying to people that they should live a lie and not be liberated, to live in fear of being found out. – Alan Cumming

Category:
Fear

My aim, then, was to whip the rebels, to humble their pride, to follow them to their inmost recesses, and make them fear and dread us. Fear is the beginning of wisdom. – William Tecumseh Sherman

Category:
Fear

We fear to know the fearsome and unsavory aspects of ourselves, but we fear even more to know the godlike in ourselves. – Abraham Maslow

Category:
Fear

Random Quotes

No foreigner has a place asking another people, another country, to change their constitution. – Hamid Karzai

Category:
Change

Organized labor, if theyre doing a responsible job, is going to organize the pooling of small amounts of money to protect the interests of the people who are not rich. – Warren Beatty

Category:
Money

The perceived wisdom is that people do not go in large numbers to black-and-white movies anymore – which is a great shame, but Id love to make a black-and-white movie one day. – Sam Mendes

Category:
movies

I wanted to prove the sustaining power of music. – David Bowie

Category:
Music