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By pursuing his own interest (the individual) frequently…

“By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.” quote by Adam Smith
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“By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.”

Adam Smith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Individual self-interest often unintentionally benefits society more effectively than deliberate altruism.

In simple terms: Self-interest can aid society.

Key Takeaway

Pursue personal goals to help others.

Themes

economics human nature altruism

Mood

analytical thoughtful

Type

philosophical economic

When to use this quote

  • business decisions
  • policy making
  • community projects
  • ethical entrepreneurship

Key Concepts

invisible hand public good unintended consequences

Questions to Reflect On

  • How can personal ambition align with public welfare?
  • When does self-interest harm society?
A Different Perspective

Overemphasis on self-interest may neglect genuine social responsibility.

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