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Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.

Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.


Adam Smith  Adam Smith
Tags: People  Rich  Enjoyment  Parade  Riches 

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Author introduction

Adam Smith FRSA (16 June [O.S. 5 June] 1723[3] – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment,[4] also known as ''The Father of Economics''[5] or ''The Father of Capitalism''.[6] Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.[7]

Quotes from the same author


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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.

    Adam Smith  Adam Smith   
 Tags: Good Humor God Christian Dying Will
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Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence.

    Adam Smith  Adam Smith   
 Tags: Nature Justice Security Innocence Us
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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.

    Adam Smith  Adam Smith   
 Tags: Finance Men Truck Animals Race
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Labor was the first price, the original purchase - money that was paid for all things.

    Adam Smith  Adam Smith   
 Tags: Money Labor Price First Original
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The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.

    Adam Smith  Adam Smith   
 Tags: Detail Generation Changes Doing
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Defense is superior to opulence.

    Adam Smith  Adam Smith   
 Tags: Superior Defense Opulence
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Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.

    Adam Smith  Adam Smith   
 Tags: Adventure Science Lose You Lottery
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With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.

    Adam Smith  Adam Smith   
 Tags: People Rich Enjoyment Parade Riches
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