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

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

The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. – Adam Smith

Category:
finance
Read Quote

Labor was the first price, the original purchase – money that was paid for all things. – Adam Smith

Category:
Money
Read Quote
Other Quotes from
Fear
category

If you can once engage peoples pride, love, pity, ambition on your side, you need not fear what their reason can do against you. – Lord Chesterfield

Category:
Fear

I think one of the terrible things today is that people have this deathly fear of food: fear of eggs, say, or fear of butter. Most doctors feel that you can have a little bit of everything. – Julia Child

Category:
Fear

Whenever there is fear, you will get wrong figures. – W. Edwards Deming

Category:
Fear

Americans have an abiding belief in their ability to control reality by purely material means… airline insurance replaces the fear of death with the comforting prospect of cash. – Cecil Beaton

Category:
Fear

Random Quotes

Give the world the best that you have, and the best will come back to you. – Madeline Bridges

Category:
Persistence

A lot of people have great hope, and a lot of people who have great hope live. And, some of them who have great hope die. So its not that hope is going to save you. – Elizabeth Edwards

Category:
Hope

Pick battles big enough to matter, small enough to win. – Jonathan Kozel

Category:
Wise Words

In my second year, after moving to the Medical School, I began the courses of Anatomy and Physiology. I had begun to see that I was interested in cells and their functions. – Sydney Brenner

Category:
Medical