Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
Of modern philosophers, those to whom Smith is most indebted are
certainly Mandeville, his old master Hutcheson, and his friend Hume, “an
ingenious and agreeable philosopher who joins the greatest depth of
thought to the greatest elegance of expression, and possesses the
singular and happy talent of treating the abstrusest subjects not only
with the most perfect perspicuity, but with the most lively eloquence.”
(Was it the religious prejudice against Hume that left his name
unmentioned in the _Theory_?) All four were in a greater or less degree
utilitarians. But Smith denies that the perception of a distinction
between virtue and vice originates in the utility of the one and the
disadvantageousness of the other. Hume would explain all virtues by
their usefulness to oneself or society. But Smith only regards utility
as a powerful additional reason for approving virtue and virtuous
actions. It influences our ideas of virtue, as custom and fashion
influence our ideas of beauty. Usefulness is seldom the first ground of
approval, and “it seems impossible that we should have no other reason
for praising a man than that for which we commend a chest of drawers.”
Even our approval of public spirit arises at first rather from a feeling
of its magnificence and splendour than of its utility to the nation,
though a sense of utility greatly strengthens our approval. Adam Smith
notes, by the way, what Hume had not observed, that the fitness of a
thing to produce its end is often more admired than the end itself. Most
people prefer order and tidiness to the utility which they are intended
to promote.
Public-domain text, read in full here on John Shaqi.
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