Wednesday, 1 June 2016

Quotation of the Day

Is from Adam Smith's 'Theory of Moral Sentiments', Part IV, Chapter II: Of the beauty which the appearance of Utility bestows upon the characters and actions of men; and how far the perception of this beauty may be regarded as one of the original principles of approbation:

"What institution of government could tend so much to promote the happiness of mankind as the general prevalence of wisdom and virtue?  All government is but an imperfect remedy for the deficiency of these.  Whatever beauty, therefore, can belong to civil government upon account of its utility, must in a far superior degree belong to these.  On the contrary, what civil policy can be so ruinous and destructive as the vices of men?  The fatal effects of bad government arise from nothing, but that it does not sufficiently guard against the mischiefs which human wickedness gives occasion to."

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