How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness

by Russell "Russ" Roberts

Everyone can explain why the stock market rose or fell yesterday. No one can predict what it will do tomorrow.

You really don’t have to pretend to know everything. Admitting ignorance can be bliss.

Life’s not a race. It’s a journey to savor and enjoy.

wagging more and barking less.

Behave as if an impartial spectator is watching you.

The prudent man, says Smith, is sincere and honest. At the same time, he doesn’t volunteer everything he knows; he is reserved and cautious in his speech and his action. He doesn’t stick his opinion into every discussion. He’s a good friend, but he manages to avoid melodrama in his relationships.