Skip to main content

Posts

Showing posts with the label Adam Smith

Adam Smith on economy of explanation

"By running up all the different virtues to this one species of propriety, Epicurus indulged a propensity, which is natural to all men, but which philosophers in particular are apt to cultivate with a peculiar fondness, as the great means of displaying their ingenuity, the propensity to account for all appearances from as few principles as possible. And he, no doubt, indulged the propensity still further, when he referred all the primary objects of natural desire and aversion to the pleasures and pains of the body." This is from THE THEORY OF MORAL SENTIMENTS. The one "species of propriety" of Epicurus is temperance, the ability to refrain from the pursuit of particular pleasures out of a reasonable concern that they will cause harm later. For example, temperance is the ability to refrain from drinking so as to avoid a hangover. That, to Epicurus, WAS virtue. Smith is here criticizing the drive toward monism. After all, his book's title says "sentim...

Nice Adam Smith Quotation

About a friend of his: "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." Aside from its tone, it reminds us that the two men were contemporaries, at a moment when Scotland was one of the world's great generators of intellectual fireworks.