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Daily Inspiration Quote by Adam Smith

"No complaint... is more common than that of a scarcity of money"

About this Quote

Everyone is broke, all the time, and Adam Smith knew that long before “cost of living crisis” became a political slogan. “No complaint... is more common than that of a scarcity of money” isn’t a pity-party observation; it’s a diagnostic. Smith is pointing to a social reflex: money feels scarce not only when it is scarce, but when desires, status expectations, and competitive pressures expand faster than income.

The line works because it quietly flips the moral temperature. Complaining about money reads like an economic fact, but Smith frames it as a cultural constant, almost a bias. The subtext is that “scarcity” is often relative. In a commercial society, needs aren’t just bread and rent; they’re the markers of respectability. What counts as “enough” is set by neighbors, coworkers, and the class above you. That makes the complaint endless: improvement raises the bar.

Context matters: Smith is writing in the early age of industrial capitalism, when markets were widening, consumption was becoming identity, and wages were increasingly mediated by employers rather than land. People were experiencing both new opportunities and new insecurities. Saying money feels scarce is also a way to signal vulnerability in a system where survival and dignity are priced.

Smith’s intent isn’t to scold individuals for wanting more; it’s to show policymakers and readers how perceptions of scarcity can persist even in growing economies. If everyone feels squeezed, the problem might not be personal failure. It might be the structure of expectations that modern markets constantly manufacture.

Quote Details

TopicMoney
Source
Text match: 99.58%   Provider: Cross-Reference
Evidence:
No complaint, however, is more common than that of a scarcity of money. (Book IV, Chapter I ("Of the Principle of the Commercial or Mercantile System")). This line appears in Adam Smith’s Wealth of Nations in the discussion of mercantilism and the popular belief that wealth consists in money. It is immediately followed (in most editions) by: “Money, like wine, must always be scarce with those who have neither wherewithal to buy it, nor credit to borrow it.” The Project Gutenberg HTML text contains the sentence verbatim and places it in the Book IV, Chapter I passage. A teaching/reading-guide presentation of the same passage is also available at AdamSmithWorks under Book IV, Chapter 1.
Other candidates (1)
A Philosopher's Economist (Margaret Schabas, Carl Wennerlind, 2023) compilation95.0%
... Adam Smith, who would later lament that no complaint “is more common than that of a scarcity of money” (WN, 1:437...
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Citation Formats

APA Style (7th ed.)
Smith, Adam. (2026, February 11). No complaint... is more common than that of a scarcity of money. FixQuotes. https://fixquotes.com/quotes/no-complaint-is-more-common-than-that-of-a-29534/

Chicago Style
Smith, Adam. "No complaint... is more common than that of a scarcity of money." FixQuotes. February 11, 2026. https://fixquotes.com/quotes/no-complaint-is-more-common-than-that-of-a-29534/.

MLA Style (9th ed.)
"No complaint... is more common than that of a scarcity of money." FixQuotes, 11 Feb. 2026, https://fixquotes.com/quotes/no-complaint-is-more-common-than-that-of-a-29534/. Accessed 12 Feb. 2026.

More Quotes by Adam Add to List
Adam Smith: The Scarcity of Money - A Common Complaint
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About the Author

Adam Smith

Adam Smith (June 5, 1723 - July 17, 1790) was a Economist from Scotland.

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