Adam Smith

The “ Father of Economics” and “ Father of Capitalism”.

[Adam Smith @fatheradamsmith]

In AP Euro I picked a constitutionalist + described how their different modes of political sovereignty affect relationships between early modern European states in a Tiktok. My subject was William of Orange. #histry #challengeechs ⁦@MrsBeaRoberson⁩ https://t.co/vufnLGzs7T

[Adam Smith @fatheradamsmith]

@humephilosophy I’m so excited I can’t sleep !

[Adam Smith @fatheradamsmith]

@TheKarlMarx_ There's one thing I can agree with you on!

[Adam Smith @fatheradamsmith]

To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature.

[Adam Smith @fatheradamsmith]

@xgalileox Of course ! 🤗

[Adam Smith @fatheradamsmith]

@xgalileox Just wanted to put out there that I love your work! I was definitely influenced by your work on the scientific method, which is obvious in my History of Astronomy paper. ⭐️ 🔭 🌌
https://t.co/M6dYrdvPK2

[Adam Smith @fatheradamsmith]

Although humans may be selfish when it comes to economics, they are also naturally inclined to empathy. This mutual sympathy for others is the basis of ethics.
https://t.co/sBNsjvv0jf

[Adam Smith @fatheradamsmith]

“How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.”

[Adam Smith @fatheradamsmith]

Mercantilism hinders competition, thereby stopping the principle of rational self-interest from creating the best possible goods and the most wealth for a nation. In this way, mercantilism is detrimental to a nation’s economy.
https://t.co/iPoLATKoUA

[Adam Smith @fatheradamsmith]

The selfish nature of man is what drives him to give the best goods or services possible, for then he will receive the most business. Therefore, it is rational self-interest that leads to higher quality work.
https://t.co/gCwDTWYv0M

[Adam Smith @fatheradamsmith]

@karlmar40105710 In a capitalist economy, there would be no surplus or deficit supply or demand, markets would always be in equilibrium, and the benefits to consumers and producers alike would
be maximized.

[Adam Smith @fatheradamsmith]

@thomashobbesphi Government does play an important role in society, but should not completely control everyone. "Government should limit its activities to administer justice, enforcing private property rights, and defending the nation against aggression." Let the people live and trade!

[Adam Smith @fatheradamsmith]

@humephilosophy I completely agree. Let everyone live in peace!

[Adam Smith @fatheradamsmith]

Go invisible hand! #singleforlife

[Adam Smith @fatheradamsmith]

Laissez-Faire is the best economic policy, as an unregulated economy will allow for competition, which the “invisible hand” will ensure is beneficial and efficient for everyone.
https://t.co/sgfFOWwzGY

[Adam Smith @fatheradamsmith]

We should help others with no second thought and always try to increase others’ happiness. This will enhance our emotional intelligence, which is the key to happiness.
https://t.co/xlnezn1Pyo

[Adam Smith @fatheradamsmith]

“Wherever there is great property, there is great inequality... for one very rich man, there must be at least five hundred poor.”

[Adam Smith @fatheradamsmith]

Commutative justice is what we need in order to achieve a balanced and fair society.
https://t.co/XL8o1w3UHk

[Adam Smith @fatheradamsmith]

The government has three roles: national defense, to maintain law and order, and to provide certain public goods many cannot afford.
https://t.co/ZWhJ0TT4Ap

[Adam Smith @fatheradamsmith]

@humephilosophy Just read your “A Treatise of Human Nature” over last night. I could never get sick of it! One of the most influential works in philosophy to ever exist! #bestfriendgoals