Adam Smith Quotes
Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God.
Smith, Adam. Correspondence of Adam Smith. Edited by E. C. Mossner and I. S. Ross, Clarendon Press, 1987.
Charles was a young man who ruled under the thumb of his mother, Catherine de Medici. She and the leading Catholic political figures had decided to have the army massacre the Huguenots—Protestants—of France. Charles knew the massacre was to begin that night and tried to save his friend Rochefoucault, a Protestant, who was a member of the King’s court. He suggested several times that Rochefoucault not go home that evening but stay at the Louvre. The unsuspecting Rochefoucault felt that he had to get home to his wife and left explaining that to the King. Hence the King’s remark. Rochefoucault and his family were murdered that night. In the end, 50,000 Protestants were massacred in what has come to be known as the Massacre of Saint Bartholomew. Many of the palace servants were Protestants and were cut to ribbons throughout the palace. The King from a palace window shot a rifle at Protestants trying to swim the River Seine to escape, while his page kept reloading for him.
Adam Smith FRSA was a Scottish economist, philosopher as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.
