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Power: Why Some P...
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Adam Smith
“The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another. Avarice over-rates the difference between poverty and riches: ambition, that between a private and a public station: vain-glory, that between obscurity and extensive reputation. The person under the influence of any of those extravagant passions, is not only miserable in his actual situation, but is often disposed to disturb the peace of society, in order to arrive at that which he so foolishly admires. The slightest observation, however, might satisfy him, that, in all the ordinary situations of human life, a well-disposed mind may be equally calm, equally cheerful, and equally contented. Some of those situations may, no doubt, deserve to be preferred to others: but none of them can deserve to be pursued with that passionate ardour which drives us to violate the rules either of prudence or of justice; or to corrupt the future tranquillity of our minds, either by shame from the remembrance of our own folly, or by remorse from the horror of our own injustice.”
― Adam Smith, The Theory of Moral Sentiments

5971 Classical (Laissez-Faire) Liberalism — 829 members — last activity Sep 06, 2026 03:22PM
Including within it neo-liberalism, libertarianism, objectivism, anarcho-capitalism, minarchism, and American conservatism, this classical or "market" ...more
25x33 Austrian School of Economics — 123 members — last activity Mar 17, 2023 11:20AM
A group devoted to books related to the Austrian School of economics and libertarian political and social theory.
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