The wise and virtuous man is at all times willing that his own private interests should be sacrificed to the public interest of his own particular society--that the interests of this order of society be sacrificed to the greater interest of the state. He should therefore he equally willing that all those inferior interests should be sacrificed to the greater society of all sensible and intelligent beings.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "The wise and virtuous man is at all times willing that his own private interests should be sacrificed to the public interest of his own particular society--that the interests of this order of society be sacrificed to the greater interest of the state. He should therefore he equally willing that all those inferior interests should be sacrificed to the greater society of all sensible and intelligent beings." in the context of "Section II, Chap. III; cited by Reinhold Niebuhr, The Children of Light and the Children of Darkness, New York: Charles Scribner's Sons, 1941, 24-25." to mean that wisdom is timeless.
Tags
About Adam Smith