FEE: Why Adam Smith Said ‘Virtue Is More to Be Feared Than Vice’FEE:

Today’s article comes from the Foundation for Economic Education, Why Adam Smith Said ‘Virtue Is More to Be Feared Than Vice’. Those who seek to impose their version of virtue on others, will do so viciously and unconstrained by their conscience, because they believe they are morally correct.

The use of force in society is one of the most important issues governments must address. Unfortunately, they often get it wrong—and Smith understood why.

ally, a coworker, walked into my office one day and announced that he’d discovered the answer to the world’s problems. And it was all so simple. People just needed to act with wisdom. If everyone acted with wisdom, then crime, poverty, and war would disappear. I agreed and asked how he would achieve this miracle. I expected some elaborate plan, but it turned out that that “acting with wisdom” was the sum total of Wally’s insight. In response to every question, he only repeated that people should act with wisdom.

Neil deGrasse Tyson is a world-famous astrophysicist, but his plan for solving the world’s problems is neither more scientific nor less threadbare than Wally’s. Tyson proposes the world of “Rationalia,” a virtual utopia in which everyone will act with reason.

Socialists have a similar solution to the world’s problems. In their utopia, people will all act, not with wisdom or reason, but with altruism. Unlike either Wally or Tyson, though, they have proposed various plans for bringing this about—all of which boil down to some variation of: (1) burn it all down and a perfect world will spontaneously arise from society’s ashes, (2) force everyone to act benevolently until so acting becomes natural, or (3) create a fair and equal society in which material goods are distributed uniformly, thus eliminating all greed and envy and, along with them, any motivation for violence and crime.

Each socialist scheme relies on force, or the threat of force, wielded by omniscient, omnipotent, and omnibenevolent dictators. But could such a society, which necessarily sacrifices justice for altruism, survive?

A reading of Adam Smith’s book, The Theory of Moral Sentiments, suggests not.

Smith’s concept of justice was based on securing people from injury by others. That is, protecting people from assaults on their persons, property, and agreements. To Smith, acting justly consisted largely of refraining from injuring others. He believed that a society’s fundamental reason for existence was to provide this level of justice. Further, he argued, any society that fails in this basic duty will itself fail. In his book, Smith wrote: “Society may subsist, though not in the most comfortable state, without beneficence; but the prevalence of injustice must utterly destroy it.”

Unfortunately, securing the peace often requires force. But using force is just when it is done to oppose injustice—that is, when it is used in response to the initiation of force. While governments cannot hope to establish perfect justice, they can provide sufficient security to allow people to live their lives and to flourish.

What no government is competent to do, however, is to ensure that its citizens act wisely, rationally, or altruistically. Doing so would require using force—not to prevent people from harming others, but to compel them to behave in ways that the government determines to be proper. Force so employed leads to socially destructive injustice.

First, someone’s idea of what is altruistic (or wise or rational) must be imposed on everyone. A recent example is Biden’s executive order forgiving hundreds of millions of dollars in federal student loans. Was his action altruistic? It appears so if our focus is fixed on only the students who benefit from the President’s order. It seems less so if we broaden our focus and our time horizon to include those who must pay for the loans and those who will be hurt in the future by the perverse incentives that his order will create. Universities, for example, will be emboldened to hike tuition and even more students will borrow money that they are unlikely to be able to repay.

In short, whatever policy is chosen in the name of morality, some will see it as immoral, and they will bitterly resent being forced to support it.

Second, a policy that the central authority deems altruistic must be implemented and paid for by people who may oppose it or the way it is implemented. They must be compelled—by force if necessary—to comply with the policy and they must be prevented from subverting it. If “subversion” is construed to include “fomenting social discord” by public criticism, then the central authority may limit free speech and freedom of the press. If pastors question the policy’s morality, the central authority might also limit religious freedoms.

Third, the policy may produce unintended consequences that create more injustices. How will the central authority respond? Will it suppress knowledge of the consequences to prevent discord and, potentially, loss of its legitimacy or power? Will it respond with another layer of coercive policies and, if so, how will it enforce them and what will it do if more unintended consequences result?

Finally, as Smith observed, “Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.” Those attempting to impose virtue—or, at least, their idea of it—tend to deal viciously with dissidents who, because they oppose “virtue,” are, by definition, evil.

“Hell,” Michael Novak once said, “is what happens when you pursue heaven-on-earth.”

Force used to prevent or redress assaults on persons and property is legitimate; force used to coerce “benevolence” is not. Force is, ultimately, the only hammer in a government’s toolkit and it should be used only on what is achievable and, even then, only sparingly.

Governments can reasonably aspire to deliver Adam Smith’s formula for prosperity: “Peace, easy taxes, and a tolerable administration of justice.” In attempting to provide what it cannot, government will destroy its ability to provide what it can.

Rural Revolution: Were Stoics on to Something?

Patrice Lewis of Rural Revolution writes about finding happiness in virtue and rejecting unhealthy passions in Were Stoics on to Something?

After a lifetime of hearing virtually nothing about the philosophy of stoicism, suddenly I’m seeing articles about it everywhere.

Stoicism, as you may know, is a school of philosophy founded in ancient Greece in the 3rd century B.C. by Zeno of Citium. Famous adherents include Seneca, Epictetus, and Marcus Aurelius.

According to the Daily Stoic, “The philosophy asserts that virtue (such as wisdom) is happiness, and judgment should be based on behavior rather than words. That we don’t control and cannot rely on external events, only ourselves and our responses. … Stoicism doesn’t concern itself with complicated theories about the world, but with helping us overcome destructive emotions and act on what can be acted upon. It’s built for action, not endless debate.” (This website also offers nine exercises for developing stoicism.)

The philosophy is a lot more complicated than that, but you get the gist.

So why, after a lifetime of barely hearing a peep about this philosophy, am I seeing stoicism get so much coverage? I’m sure the timing — coming as the globe shuts down over the coronavirus pandemic — is no coincidence. Now that life has suddenly become very complicated, I suppose stoicism may offer ways to handle those complications.

The concept of “It’s not how you feel, it’s how you behave” is a new and possibly difficult philosophy for many people to abide by. Our modern society teaches us emotions and feeeeelings are paramount. Every little perceived microaggression must be treated as earth shattering and personal. We are literally enshrining emotions (hurt feeeeeelings) into law.

But with so much now out of our control, maybe the stoics are onto something.

This article, for example, recommends stoicism for anger management: “Seneca thought that anger is a temporary madness, and that even when justified, we should never act on the basis of it because, though ‘other vices affect our judgment, anger affects our sanity: others come in mild attacks and grow unnoticed, but men’s minds plunge abruptly into anger. … Its intensity is in no way regulated by its origin: for it rises to the greatest heights from the most trivial beginnings.'”

Or, as Marcus Aurelius put it, “Choose not to be harmed and you won’t feel harmed. Don’t feel harmed and you haven’t been.” (In other words, anger is a choice.)

The author recommends behaving like a rock when insulted. “Stand by a rock and insult it, and what have you accomplished? If someone responds to insult like a rock, what has the abuser gained with his invective?” This way, the insulter can be “livid with rage” while the insultee can retain his serenity. (This author also offers tips on how to keep from getting angry.)

In another article, the writer points out two foundational principles of stoicism: “The first is that some things are within our control and some are not, and that much of our unhappiness is caused by thinking that we can control things that, in fact, we can’t. What can we control? Epictetus argues that we actually control very little. We don’t control what happens to us, we can’t control what the people around us say or do, and we can’t even fully control our own bodies, which get damaged and sick and ultimately die without regard for our preferences. The only thing that we really control is how we think about things, the judgements we make about things.”

The second principle is: “It’s not things that upset us, but how we think about things. Stuff happens. We then make judgements about what happens. If we judge that something really bad has happened, then we might get upset, sad, or angry, depending on what it is. If we judge that something bad is likely to happen then we might get scared or fearful. All these emotions are the product of the judgements we make. Things in themselves are value neutral, for what might seem terrible to us might be a matter of indifference to someone else, or even welcomed by others. It’s the judgements we make that introduce value into the picture, and it’s those value judgements that generate our emotional responses. … Another Stoic strategy is to remind ourselves of our relative unimportance. The world does not revolve around us.” …(continues)

Click here to continue reading at Rural Revolution.