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But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts.
Paul Ormerod
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In India, if you are from the elite, dogs are extremely important. The breed of the dog indicates your wealth, that you are westernized. The cook, another human being, is on a much lower level than your dog. You see this all the time.
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Perhaps no economist will ever again so utterly encompass his age as Adam Smith. Certainly none was ever so serene, so devoid of contumacy, so penetratingly critical without rancor, and so optimistic without being utopian.
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Albion Woodbury Small