Saturday, September 19, 2015

ADAM SMITH ON PHILOSOPHY

For  those who thought Adam Smith had nothing to say about philosophy, consider the following:

"In the progress of society, philosophy or speculation becomes, like every other employment, the principal or sole trade and occupation of a particular class of citizens. Like every other employment too, it is subdivided into a great number of different branches, each of which affords occupation to a peculiar tribe or class of philosophers; and this subdivision of employment in philosophy, as well as in every other business, improves dexterity, and saves time. Each individual becomes more expert in his own peculiar branch, more work is done upon the whole, and the quantity of science is considerably increased by it."

Adam Smith The Wealth of Nations, I.1.9

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