“A highway, a bridge, a navigable canal, for example, may in most cases be both made and maintained by a small toll upon the carriages which make use of them: a harbour, by moderate port-duty upon the tonnage of the shipping which load or unload in it. The coinage, another institution for facilitating commerce, in many countries, not only defrays its own expense, but affords a small revenue or seignorage to the sovereign. The post-office, another institution for the same purpose, over and above defraying its own expense, affords in almost all countries a very considerable revenue to the sovereign. When the carriages which pass over a highway or a bridge, and the lighters which sail upon a navigable canal, pay toll in proportion to their weight or their tonnage, they pay for the maintenance of those public works exactly in proportion to the wear and tear which they occasion of them. It seems scarce possible to invent a more equitable way of maintaining such works.”
“A highway, a bridge, a navigable canal, for example, may in most cases be both made and maintained by a small toll upon the carriages which make use of them: a harbour, by moderate port-duty upon the tonnage of the shipping which load or unload in it. The coinage, another institution for facilitating commerce, in many countries, not only defrays its own expense, but affords a small revenue or seignorage to the sovereign. The post-office, another institution for the same purpose, over and above defraying its own expense, affords in almost all countries a very considerable revenue to the sovereign. When the carriages which pass over a highway or a bridge, and the lighters which sail upon a navigable canal, pay toll in proportion to their weight or their tonnage, they pay for the maintenance of those public works exactly in proportion to the wear and tear which they occasion of them. It seems scarce possible to invent a more equitable way of maintaining such works.”
Adam Smith
“What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”
Adam Smith“I have learned that I always feel happier and healthier when I offer genuine love to other people.”
Seth Adam Smith, Your Life Isn't for You: A Selfish Person's Guide to Being Selfless“When we're constantly thinking about ourselves, our world shrinks.”
Seth Adam Smith, Your Life Isn't for You: A Selfish Person's Guide to Being Selfless“We can achieve the fullest measure of life by living it for others.”
Seth Adam Smith, Your Life Isn't for You: A Selfish Person's Guide to Being Selfless“Abundance in life is achieved only when we tear down walls and fill our lives with light.”
Seth Adam Smith, Your Life Isn't for You: A Selfish Person's Guide to Being Selfless“I have seen the light in the wilderness and I must follow it.”
Seth Adam Smith, Rip Van Winkle and the Pumpkin Lantern“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.”
Adam Smith“As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.”
Adam Smith“Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.”
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