A Quote by Adam Smith

Wherever there is great property, there is great inequality.

Adam Smith

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Great Inequality Property Wherever

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Adam Smith
Scottish - Economist
June 5, 1723 - July 17, 1790

But avarice and ambition in the rich, in the poor the hatred of labour and the love of present ease and enjoyment, are the passions which prompt to invade property, passions much more steady in their operation, and much more universal in their influence. Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many.

Adam Smith

Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.

Adam Smith

An inequality of property is the root and foundation of innumerable evils; it tends to derision, and to keep asunder the social feelings that should exist among the people of God. It is a principle originated in hell; it is the root of all evils. It is inequality in riches that is a great curse.

Orson Pratt

Inequality may linger in the world of material things, but great music, great literature, great art and the wonders of science are, and should be, open to all.

Franklin D. Roosevelt

Sex -- the great inequality, the great miscalculator, the great Irritator.

Enid Bagnold

Wherever you find a great man, you will find a great mother or a great wife standing behind him -- or so they used to say. It would be interesting to know how many great women have had great fathers and husbands behind them.

Dorothy L. Sayers

Great occasions rouse even the lowest of human beings to some kind of greatness, but he alone is the really great man whose character is great always, the same wherever he be.

Swami Vivekananda

One of the most important of all the causes of great inequality of income is the inheritance of a great fortune by a small minority.

Hugh Dalton

How can you trust people who are poor and own no property? ... Inequality of property will exist as long as liberty exists.

Alexander Hamilton

Legislators cannot invent too many devices for subdividing property... Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise. Whenever there is in any country, uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate natural right.

Thomas Jefferson

Through much of its history, the US did not have high inequality as compared with Europe. Less so, in fact. That began to change in the industrial age, reaching a peak in 1928, after the forceful destruction of the labor movement and crushing of independent thought. Largely as a result of labor mobilization, inequality declined during the Great Depression, a tendency continuing through the great growth period of regulated capitalism in the early postwar decades.

Noam Chomsky

Not only do you need great lyrics, a great message, a great story, great vocals, great chords... you also need great instrumentation, great editing, great sonics, great mixing, and great mastering. It all comes together to make something truly great, and I think each element combines together to create a powerful impact on the consumer.

Joey Sturgis

It's very hard to persuade a young person who has seen the Great Recession, who has seen all the problems with inequality, to tell them inequality is not important and that markets are always efficient. They'd think you're crazy.

Joseph Stiglitz

Great is Youth--equally great is Old Age--great are Day and Night. Great is Wealth--great is Poverty--great is Expression-great is Silence.

Walt Whitman

Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.

Robert Higgs

I am conscious that an equal division of property is impracticable, but the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property.

Thomas Jefferson

A Quote by Adam Smith

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