A Quote by Adam Smith

We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.

Adam Smith

Quote Topics

Above Account Actual Always Been Combination Combinations Combine Constant Everywhere Frequently Hear Ignorant Labor Masters Organizations Price Raise Rarely Said Sort Subject Tacit Those Though Uniform Unions Wages Whoever Workmen World

Quote Author

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

Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.

Adam Smith

Whenever the legislature attempts to regulate differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters.

Adam Smith

The Masters is not greedy. You wanna buy a Masters souvenir logo shirt? Sure, let's go over to the nearest Ralph Lauren boutique. Oops, you can only purchase Masters memorabilia at the Masters, this one week of the year.

Frank Deford

The study of combinations should enrich the analytical spirit of studious amateurs. Thereafter the most gifted among them will be able to catch some sparks of the genius of masters, and in addition some rays of the glory that is the masters.

Eugene Znosko-Borovsky

There are some masters from whom you can learn good things. Streets are one of those masters!

Mehmet Murat Ildan

Masters are not experts because they take a subject to its conceptual end. They are masters because they realize that there isn't one. On utterly smooth ground, the path from aim to attainment is in the permanent future.

Sarah Lewis

When Jack Nicklaus won the Masters in 1986, it was mind-blowing. How in the world could a 46-year-old win the Masters?

Jim Nantz

It's not that there are no masters, but that there are many. And the job of the solicitor general is to balance those masters and to accommodate them all, each in their proper places, wisely and well and in so doing to represent the people of the United States.

Elena Kagan

However the Southern man may have been master of the negro, there were compensatory processes whereby certain negroes were masters of their masters' children.

John Sergeant Wise

Yet thousands of slaves throughout the southern states are thus handed over by the masters who own them to masters who do not; and it does not require much demonstration to prove that their estate is not always the more gracious.

Fanny Kemble

Masters of the bluff and masters of the proposition, but the enemy I see wears a cloak of decency.

Bob Dylan

Free election of masters does not abolish the masters or the slaves.

Herbert Marcuse

I don't think about winning the Masters as part of the slam. You want to win the Masters because of what it means to the game.

Jack Nicklaus

The future masters of technology will have to be light-hearted and intelligent. The machine easily masters the grim and the dumb.

Marshall McLuhan

Masters of one art have mastered all because they have mastered themselves. With dominion over both mind and muscle, they demonstrate power, serenity, and spirit. They not only have talent for their sport, they have an expanded capacity for life. The experts shine in the competitive arena; the masters shine everywhere.