The directors of such companies, however, being the managers rather of other people's money than of their own, … - Adam Smith

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While some mothers sing lullabies to their children, my mother read me poetry. And to this day, I associate my strongest and most insistent feelings with words lyrically organized on a page.

Adam Smith

The directors of such companies, however, being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own. . . . Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company.

Affairs, Directors, Managers, People, Watches

Same Author Quotes

It is the interest of every man to live as much at his ease as he can; and if his emoluments are to be precisely the same, whether he does or does not perform some very laborious duty, it is certainly his interest, at least as interest is vulgarly understood, either to neglect it altogether, or, if he is subject to some authority which will not suffer him to do this, to perform it in as careless and slovenly a manner as that authority will permit.

Doe, Men, Neglect, Perform, Same, Suffering

Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

Besides, Economics, Purchasing, Purpose, Purposes, Serve

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.

Competition, Conspiracy, Invisible Hand, People, Public, Seldom

Corn is a necessary, silver is only a superfluity.

Corn, Necessary, Silver, Superfluity

The robot is going to lose. Not by much. But when the final score is tallied, flesh and blood is going to beat the damn monster.

Beat, Blood, Lose, Monsters, Robot, Technology