A Quote by Adam Smith

The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.

Adam Smith

Quote Topics

Always Any Branch Competition Dealers Different Even However Interest Market Narrow Opposite Particular Public Respects Some Trade

Quote Author

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

The interest of [businessmen] is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order ... ought never to be adopted, till after having been long and carefully examined ... with the most suspicious attention. It comes from an order of men ... who have generally an interest to deceive and even oppress the public.

Adam Smith

Despite my extremely modest prices, dealers and art lovers are turning their backs on me. It is very depressing to see the lack of interest shown in an art object which has no market value.

Claude Monet

In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

Adam Smith

The Open Market Committee, as presently established, is plainly not in the public interest. This committee must be operated by purely public servants, representatives of the people as a whole and not any single interest group. The Open Market Committee should be abolished, and its powers transferred to the Federal Reserve Board - the present public members of the committee, with reasonably short terms of office.

Wright Patman

The New Dealers have all left Washington to make way for the car dealers.

Adlai Stevenson II

I hate when dealers talk to me. I love dealers - they're some of our favorite people in the art world. But I hate if they do a sales pitch on me. I can't stand it.

Jerry Saltz

I think what happened in the last 10 or 15 years in the art market is that all the players - and that includes artists, dealers, art advisors, everyone - basically became dealers. We've had old-school collectors morph into speculators, flipping works. We've seen auction houses buying works directly from artists or from sleazy middlemen. The last step before the crash was the artists themselves supplying the auction houses. Dealing themselves, you know? The art world is as unregulated as any financial market there is.

Diego Cortez

There's no particular evidence that any of the lower mammals or any of the other animals have any interest in aesthetics at all. But Homo sapiens does, always has and always will.

Jock Sturges

There is always some element of competition. As and when more players show interest in a space, it endorses increasing demand. I have never taken competition as a treat.

Bhavin Turakhia

We wonder, what if we got rid of cash? After all, cash is what keeps terrorists, drug dealers and gun dealers in business.

Erin Burnett

Jeffrey Deitch is the Jeff Koons of art dealers. Not because he's the biggest, best, or the richest of his kind. But because in some ways he's the weirdest (which is saying a lot when you're talking about the wonderful, wicked, lovable, and annoying creatures known as art dealers).

Jerry Saltz

Any critic will tell you that there are a few dealers where you get a little bit scared to go into their gallery, and that's unfair to them, to yourself, to the reader, and to the artist. But I just want to look. When I'm done looking and writing, I love talking to art dealers. They are so alive and interesting and amazing - from Larry Gagosian all the way on down.

Jerry Saltz

If you are given a public responsibility, you have to listen, weigh up all the issues, but ultimately you have to form a view of what you genuinely think is in the public interest... put the public interest above the vested interest.

Graeme Samuel

The art of not reading is a very important one. It consists in not taking an interest in whatever may be engaging the attention of the general public at any particular time. When some political or ecclesiastical pamphlet, or novel, or poem is making a great commotion, you should remember that he who writes for fools always finds a large public. A precondition for reading good books is not reading bad ones: for life is short.

Arthur Schopenhauer

Scobe's Fifth Law: All dealers wish they were doing something other than dealing. All dealers have plans to get out of dealing. Ten years later they have different plans to get out of dealing.