Great Ambition, The Desire Of Real Superiority,

The Annual Labour Of Every Nation Is The Fund Which Originally Supplies It With All The Necessaries And Conveniencies Of Life Which It Annually Consumes, And Which Consist Always Either In The Immediate Produce Of That Labour, Or In What Is Purchased With That Produce From Other Nations.

It Appears, Accordingly, From The Experience Of All Ages And Nations, I Believe, That The Work Done By Freemen Comes Cheaper In The End Than That Performed By Slaves.

Masters Are Always And Everywhere In A Sort Of Tacit, But Constant And Uniform Combination, Not To Raise The Wages Of Labor.

Consumption Is The Sole End And Purpose Of All Production; And The Interest Of The Producer Ought To Be Attended To Only So Far As It May Be Necessary For Promoting That Of The Consumer. The Maxim Is So Perfectly Self-evident That It Would Be Absurd To Attempt To Prove It. But In The Mercantile System The Interest Of The Consumer Is Almost Constantly Sacrificed To That Of The Producer; And It Seems To Consider Production, And Not Consumption, As The Ultimate End And Object Of All Industry And Commerce.

Every Individual Is Continually Exerting Himself To Find Out The Most Advantageous Employment For Whatever Capital He Can Command. It Is His Own Advantage, Indeed, And Not That Of The Society Which He Has In View. But The Study Of His Own Advantage Naturally, Or Rather Necessarily, Leads Him To Prefer That Employment Which Is Most Advantageous To Society... He Intends Only His Own Gain, And He Is In This, As In Many Other Cases, Led By An Invisible Hand To Promote An End Which Was Not Part Of His Intention