Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
In describing those systems which make virtue consist in propriety,
Smith displays a profound knowledge of Plato, Aristotle, and the later
schools of Greek philosophy. His admiration of Zeno and Epictetus is
almost unbounded, especially when he contemplates their confident
opinion that a man should always be able to support worldly misfortunes.
“They endeavour to point out the comforts which a man might still enjoy
when reduced to poverty, when driven into banishment, when exposed to
the injustice of popular clamour, when labouring under blindness,
deafness, in the extremity of old age, upon the approach of death.” He
holds that the few fragments which have been preserved of this
philosophy are among the most instructive remains of antiquity. “The
spirit and manhood of their doctrines make a wonderful contrast with the
desponding, plaintive, and whining tone of some modern systems.”
Chrysippus, on the other hand, did but reduce stoicism into a scholastic
or technical system of artificial definitions, divisions, and
subdivisions, “one of the most effectual expedients, perhaps, for
extinguishing whatever degree of good sense there may be in any moral or
metaphysical system.”
Admirable as were the best stoics and epicureans and those Roman writers
who, like Cicero and Seneca, direct us to the imperfect but attainable
virtues, they quite misunderstood nature. “By nature, the events which
immediately affect that little department in which we ourselves have
some little management and direction, which immediately affect
ourselves, our friends, our country, are the events which interest us
the most and which chiefly excite our desires and aversions, our hopes
and fears, our joys and sorrows.” Here and in similar passages he
follows his favourite, Pope:—
“God loves from whole to parts; but human soul
Must rise from individual to the whole.
Self-love but serves the virtuous mind to wake,
As the small pebble stirs the peaceful lake;
The centre mov’d, a circle straight succeeds,
Another still, and still another spreads;
Friend, parent, neighbour, first it will embrace;
His country next; and next all human race.”
Every moralist’s, even Epictetus’s, description of virtue is just as far
as it goes. But Smith claims to have been the first to give any precise
or distinct measure by which the fitness or propriety of affection can
be ascertained and judged. Such a measure he finds in the sympathetic
feelings of the impartial and well-informed spectator. Here, then, we
have the central and peculiar doctrine that stamps with originality Adam
Smith’s _Theory of Moral Sentiments_.[11]
Public-domain text, read in full here on John Shaqi.
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