Quote by ADAM SMITH - Deepstash
ADAM SMITH

The first question which we ask a sufferer is, “What has befallen you?” Till this be answered, though we are uneasy both from the vague idea of his misfortune, and still more from torturing ourselves with conjectures about what it may be, yet our fellow-feeling is not very considerable.

Sympathy, therefore, does not arise so much from the view of the passion, as from that of the situation which excites it.

ADAM SMITH

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xarikleia

“An idea is something that won’t work unless you do.” - Thomas A. Edison

The “Theory of Moral Sentiments” and “Wealth of Nations” together encompass one single behavioral axiom that, broadly interpreted, is sufficient to characterize a major portion of the human social and cultural enterprise: it explains why human nature appears to be simultaneously self-regarding and other-regarding.

The idea is part of this collection:

Behavioral Economics, Explained

Learn more about motivationandinspiration with this collection

How to make rational decisions

The role of biases in decision-making

The impact of social norms on decision-making

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