Question

"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages"

This sounds like something that ______would say

Answer 1

The quote suggests an economic philosophy where personal self-interest leads to collective benefits, a concept central to Adam Smith's discourse on the invisible hand and free-market capitalism.

Step-by-step explanation:

The quote “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages” is a classic statement reflecting the economic philosophy of Adam Smith. This quote encapsulates a central theme of his work in the field of economics, particularly as it pertains to the concept of the invisible hand and self-interest as a driving force in free markets. Adam Smith posited that individuals acting in their own self-interest inadvertently contribute to the economic well-being of society as a whole, despite not having the explicit intention to do so. This concept is a foundational element of classical liberalism and free-market capitalism.