The great lesson of Adam Smith not to learn too late in life...

Spiritual health and material well - being are not enemies: they are natural associates,” writes E.F. Schumacker in his sharp call for “Budist Economics,” written in the intercultural time rose in the early 1970s. But he was another visionary economist, far from his culture, he got into time and ideology, who presented the most convincing issue [...]
Spiritual health and material well - being are not enemies: they are natural associates,” writes E.F. Schumacker in his sharp call for “Budist Economics,” written in the intercultural time rose in the early 1970s.
But there was another visionary economist, away from culture, who got on time and ideology, who presented the most convincing issue on this concept two centuries ago -- a mind, enough paradoxically, which is used only in the opposite sense.
The great Scotland moral philosopher, the pioneer of economics and politics, and the visionary spiritual height Adam Smith June 16th 1723- July 1790) is commonly known as 1776 master author “Wealth of Nations” (The Word of Nations)A founding text of economic behavior two centuries before they existed.
gave origin to the famous metaphor “The Invisible Hand” Invisible Hand) on how the benefits gained social results can be found in the actions of individuals' self-interest. With the truth about our modern relativeity for change, “unseen handSmith's” represents a grimer view of the human soul as complicated by the inevitability of selfishness.
And yet Smith's own views were more generous and elevated -- something he explored in his pale but more brilliant work, the 1759 “treaty.Moral Feelings Theory”, filled with proverbs about ambition, success, good personality, distant linear relationship between money and happiness.
In particular, the opening sentence of the book is a masterpiece of prose and philosophy:
No matter how selfish a person may be, it is evident that there are some principles in his nature that concern the fate of others and present the happiness he needs, although he benefits nothing from it but the satisfaction of seeing it.
This misunderstood aspect of philosophy that Adam Smith and his applications in our daily life is what Russ Roberts explores with his book “As Adam Smith could change your life: A sudden Guide to Human Nature and Happiness”.
So to a kind of spiritual connection to Robert's, who welcomes the EconTalk card, removing dust from forgotten and often misunderstood ideas, bringing back their original dimensions levelled by our culture of surface familiarity, and resurfaces them in context as whole-time thinking technologies that help us live happier, more noble life- is exactly what he does with Smith's text.
Robert relates the coincidence of this book and the unknown being, to his surprise, deeply fascinated by a major adaptation to modern life:
The book made me change the way I looked at people, and maybe more importantly, it made me change the way I looked at myself. Smith made me realize how many people interact with each other in ways I never noticed before... He helped me understand why Whitney Houston and Marilyn Monroe were so unhappy and why their death upset many people.
It helped me to understand my love for the iPad and my iPhone, why talking to strangers about your concerns can calm your soul and how morality is part of the world factory.
The theory of Moral Feelings is a book of observations on what makes us right. As a bonus, passing through, Smith tells us how to build a good living in the full sense of the word.
Roberts singles out one of the four most chronic confusions -- the one between self-interest and selfishness. Citing Smith- “'s famous statement, we expect our dinner, not from the kindness of the butcher, from the one who produces beer, or the bakers, but from their connection to interest. ”- it shows a deeper dimensional meaning:
People are extremely self-interested, which is not the same as selfishness.
Yeah, you're extremely self-interested. But for some reason, you don't always act on what seems like your self-interest... when we have so much love for ourselves, then why is it so often that we act not for ourselves, sacrificing our well-being to help others?
One answer would be that we are instinctively kind and modest, filled with what Smith calls kindness or what modern people call compassion. We are unselfish; we worry about others and do not want to see them suffer. Again Smith reminds us that losing one finger worries us more than losing millions of lives.

When we're altruists, according to Smith, “is not that little spark of kindness... capable of counteracting the most powerful impulse of love for ourselves. ”Rather, we are obliged to conduct ourselves honestly before an impartial “”- a kind of unconsciousness lies upon conscience, a form of secular responsibility that replaces the gods of organized faiths, or, as Roberts says, “an image we imagine facing in a virtual sense, an objective view that is insecurably seeing the morality of our actions.”
When faced with a moral choice, we respond to this imaginary arbitrator of right. Smith himself writes:
It's principle, conscience, chest resident, great judge, and judge of our behavior. It is he who, when he wants us to act as much as to influence the happiness of others, calls us, with a voice capable of impressing our most arrogant passions, that we are one of many, and we have no respect more than any of them; and when we choose ourselves so shameful and blind to others, we become objects of insults, hate, and curse.
Roberts gives the term “Your Iron Law”, which he illustrates about a modern example:
You think more of yourself than you think of me. There's a conclusion to your “I think more of myself than of you. This is the way the world works.
Have you ever sent someone an e-mail asking him for a favor and he or she hasn't responded? It's easy to forget that the receiver, maybe just like you, gets a lot of emails to answer in time. Your e-mail means more to you than to the person you need.
There's no reason to take it personally. When I don't hear from someone, I understand that the person didn't even get the email. I will return him to you for a few days, without mentioning what I sent him with.
The impartial spectator reminds us that we are not the center of the universe. Remembering that we are not more important than anyone else helps us to be better with others. The impartial spectator is the inner voice in our heads that reminds us that our personal self-interest is gross and that to think of others is honorable and noble -- the voice that reminds us that if we hurt others to benefit ourselves, we will become impatient, unlovable, and unlovable for every one who is looking impartially.
Smith himself displays this second role of impartial spectator on our self-support and sense of belonging:
It is not love of neighbor, it is not love of mankind, which in many cases makes us practice these beautiful virtues. It's a stronger love, a stronger bond, usually happening on these occasions; the love of what is honest and noble, of greatness, of dignity, and the superiority of our characters.
Roberts describes how this leads us to our actions and resounds in the basic arts of living, from personal growth to presence capacity:
Smith believes that our desire for the approval of those around us is embedded in us, and that our moral sense comes from experiencing the approval and disapproval of others. As we experience those answers, we imagine an impartial observer judging us.
Whether we encounter behavior is really motivated by the imagination of people who an impartial spectator is judging, the concept gives us a powerful tool for self-improvement.
Imagining an impartial observer encourages us to get out of ourselves and see ourselves the way others see us. This is a brave act that most of us avoid or do in the hammer during life. But if you can do it and do it well, if you can just hang on to the stage and see how you do it yourself, you can start to understand who you really are and how you can improve.
Getting out of yourself is an opportunity for what is sometimes called awareness-art attention instead of moving without purpose towards faults and customs.
The impartial spectator, beyond the awe of our stay with unimaginative spectators in life, guiding us by the way that is perceived as good, actually helps us to attain the essential rewards of comfort in our own goodness. Smith himself does his best in his most famous and long-lived passage:
Man naturally desires not only that he needs but also that he is loving; or that he is the right object of love. He naturally fears not only being hated but also hated; or being the thing that's naturally the object of hatred.
He desires not only glory but also praise; or whether it is that, and why no one should praise him, is, however, a natural object of praise. He fears, not only guilt, but guilt; or being that thing which, and why should not be blamed by anyone, is, however, a natural object of guilt.
Smith writes in a supplement:
Is there more happiness than you need to know that you deserve to be? Is there more misery than being hated, knowing that you deserve to be hated?
Roberts translates this into the language of the nearest prizes:
Love is not an investment that requires retaliation. That's why they don't hold each other's points in a good marriage -- I did this for you, so now you're next to do something for me. I went to the store, so you gotta take the kids to football. I was kind to you when you were stressed. Now I'm under stress, so you should be nice to me.
If you think of your actions as a marriage mate as a lucrative investment or analysis, you do not have a marriage motivated by love. You have a mutually beneficial arrangement. Which I may have with my butcher or baker. I don't want this deal with my wife. On a good Tuesday, you have the pleasure of helping your wife just because she's the kind of partner she wants to be- a girlfriend.
Smith's ideal is achieved when your infatuated self reflects that outside.

This convergence of being loved in privacy and being loved in public is what we can call today <x0-originality. ” This harmonious symmetry, Roberts points out, does not appear through large gestures but in small daily choices -- the nanometer of the right thing to do -- that matches our character.
That's why we often fail, at the practical level, to live with ideals that we support philosophically -- and yet we continue to think of ourselves as highly moral people, Thanks to the special human talent of self-deception. Roberts writes:
An explanation for selfishness -- or, worse, cruelty -- is that many people don't imagine an impartial spectator, they don't want to imagine, and they don't really have the interest in being loving. That's one way to look at the human beings we have next to us: people who don't act the way we think they should be moral and bad.
But Adam Smith had another idea of why we fail to live by standards that could set an impartial spectator or standards of people around us whose respect and love we want to gain: we are the property of self-deception.
The impartial spectator we imagine and whose advice we hear is not as impartial as we would like to think.
In the heat of the moment, when we want to act, the love of self often exceeds any potential role of impartial spectator, “the chestless man,” our conscience: “... the violence and injustice of our selfish passions are sometimes enough to make “the chestless man” make a report far different from the real circumstances of the case are capable of authorizing it. ”
We don't just want to be needed, we want to think of ourselves as lovers. More than seeing ourselves the way we really are, we see ourselves the way we wish we were. Self - love can be more comfortable than self - knowledge. We want to deceive ourselves.