Quote of the Day by Adam Smith: 'The first thing you have to know is…'— Top quotes by the father of modern economics

Quote of the Day: Adam Smith, the father of modern economics, stressed knowing oneself. This insight helps individuals observe their reactions objectively. It fosters better moral judgments and reduces social conflicts. Smith believed self-awareness is crucial for personal ethics and societal well-being. His ideas, rooted in the past, offer timeless wisdom for navigating modern life.