Lord Shelburne to Dugald Stewart (1795), quoted in Ian S. Ross (ed.), On The Wealth of Nations: Contemporary Responses to Adam Smith (1998), p. 147

I owe to a journey I made with Mr Smith from Edinburgh to London, the difference between light and darkness through the best part of my life. The novelty of his principles, added to my youth and prejudices, made me unable to comprehend them at the time, but he urged them with so much benevolence, as well as eloquence, that they took a certain hold, which, though it did not develop itself so as to arrive at full conviction for some few years after, I can fairly say, has constituted, ever since, the happiness of my life, as well as any little consideration I may have enjoyed in it.

— Lord Shelburne

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "I owe to a journey I made with Mr Smith from Edinburgh to London, the difference between light and darkness through the best part of my life. The novelty of his principles, added to my youth and prejudices, made me unable to comprehend them at the time, but he urged them with so much benevolence, as well as eloquence, that they took a certain hold, which, though it did not develop itself so as to arrive at full conviction for some few years after, I can fairly say, has constituted, ever since, the happiness of my life, as well as any little consideration I may have enjoyed in it." in the context of "Lord Shelburne to Dugald Stewart (1795), quoted in Ian S. Ross (ed.), On The Wealth of Nations: Contemporary Responses to Adam Smith (1998), p. 147" to mean that wisdom is timeless.

Source: Wikiquote: "Adam Smith" (Quotes about Adam Smith, M-Z) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Adam Smith

About Adam Smith

Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".