The value of a commodity, or the quantity of any other commodity for which it will exchange, depends on the quantity of labour which it enables him to purchase or command.
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"The education of the common people requires, perhaps, in a civilized and commercial society, the attention of the public more than that of people of some rank and fortune."
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."
"The price of monopoly is upon every occasion the highest which can be got."
"The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence."
"The invisible hand is not a magical force, but a metaphor for the unintended social benefits of individual self-interested actions."
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