Votewiser 119th Congress News Hub

Congress Member

Adam Smith

Democratic

Washington state flag Washington

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Image for Quote of the day by father of economics Adam Smith: ‘Civil government, so far as it is instituted for the security of property, is in reality…’ – Warning about wealth, power, and society
via: indiatimes.com

Quote of the day by father of economics Adam Smith: ‘Civil government, so far as it is instituted for the security of property, is in reality…’ – Warning about wealth, power, and society

Adam Smith, the father of modern economics, questioned who governments truly serve. While known for free markets, his writings reveal a deep concern for justice and inequality. A striking quote suggests civil government, in protecting property, often defends the wealthy against the poor. This enduring observation fuels ongoing debates about wealth's influence on political power and policy. Read More

Image for Quote of the Day by Adam Smith: “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...” Learn why
via: indiatimes.com

Quote of the Day by Adam Smith: “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...” Learn why

Quote of the Day by Adam Smith: This is one of the most powerful openings in the history of economics and philosophy. It perfectly highlights a side of Adam Smith that people often forget. While everyone remembers him for the "invisible hand" and self-interest in The Wealth of Nations, this quote from The Theory of Moral Sentiments reminds us that he didn't view humans as purely cold, calculating machines. To Smith, our natural capacity for sympathy and mutual empathy is the foundational bedrock that allows a functioning society—and a stable economy—to exist in the first place. Read More