How Adam Smith Can Change Your LifeHow Adam Smith Can Change Your Life
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How Adam Smith Can Change Your Life

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Russ Roberts

Embrace honesty, virtue, and wisdom! By embracing these values, you will not only enhance your personal life but also profoundly impact the lives of those around you and, in turn, the entire society. Adopt Adam Smith's three-step method to cultivate virtuous qualities. Step one involves being prudent, taking care of yourself, and avoiding risky actions. Step two is to practice justice by refraining from harming others, especially for personal gain. And lastly, step three emphasizes being beneficent, going the extra mile to assist others and contribute to the greater good.

hashtaghabits
hashtagself-help
hashtagpersonal-development
hashtagpsychology
hashtagsocial-life
clock9 min
bite5 Bites
target5 Insight

What's it about?

How Adam Smith Can Change Your Life explores the teachings of renowned economist and philosopher Adam Smith, particularly focusing on his influential book, The Theory of Moral Sentiments. By applying Smith's concepts to contemporary life, the author demonstrates how we can increase our happiness and become more virtuous. Through this, we can strengthen our connections with others, and change the world for the better!

Book summary

Embrace honesty, virtue, and wisdom! By embracing these values, you will not only enhance your personal life but also profoundly impact the lives of those around you and, in turn, the entire society. Adopt Adam Smith's three-step method to cultivate virtuous qualities. Step one involves being prudent, taking care of yourself, and avoiding risky actions. Step two is to practice justice by refraining from harming others, especially for personal gain. And lastly, step three emphasizes being beneficent, going the extra mile to assist others and contribute to the greater good.

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Despite their inherent selfishness, humans are capable of exhibiting moral behaviour.

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To find happiness, it is important to disregard insincere compliments and instead focus on earning genuine respect.

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Deceiving yourself will only sabotage your happiness.

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Often, we search for happiness and recognition in the wrong places.

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Being virtuous has the potential to create a significant impact and change the world for the better!

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