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Beneficence is always free, it cannot be extorted by force.
Adam Smith
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Adam Smith
Age: 67 †
Born: 1723
Born: June 16
Died: 1790
Died: July 17
Economist
Non-Fiction Writer
Philosopher
University Teacher
Writer
Lang Toun
Beneficence
Free
Force
Cannot
Always
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This is one of those cases in which the imagination is baffled by the facts.
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Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.
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The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
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Individual Ambition Serves the Common Good.
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China is a much richer country than any part of Europe.
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No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.
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It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
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The man scarce lives who is not more credulous than he ought to be... The natural disposition is always to believe. It is acquired wisdom and experience only that teach incredulity, and they very seldom teach it enough.
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He is led by an invisible hand to promote an end which was no part of his intention
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The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
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Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.
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The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
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Have lots of experiments, but make sure they're strategically focused.
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Mercy to the guilty is cruelty to the innocent.
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