The Copy Book

Fit and Proper Persons

No one is more dangerous than the man who thinks that it is his destiny to direct things for the common good.

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1776
© Jorge Royan, Wikimedia Commons. Licence: CC-BY-SA 3.0.

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Fit and Proper Persons

© Jorge Royan, Wikimedia Commons. Licence: CC-BY-SA 3.0. Source
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The interior of Westminster Palace in London, the famous ‘lobby’ where the lobbying goes on that greases the wheels of government... apparently.

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Introduction

The revolutionary Scottish philosopher Adam Smith did not like to hear politicians speaking of managing the national economy ‘for the common good’. Leaving ordinary people to manage their own affairs was, he said, far more beneficial to society at large, and much less of a temptation to susceptible politicians.

EVERY individual necessarily labours to render the annual revenue of the society as great as he can.

He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. […]

The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.

From ‘Wealth of Nations’ IV.2, by Adam Smith (1723-1790).

Précis

Adam Smith complained bitterly about politicians who claim that they should be allowed to manage the national economy ‘for the public good’ – the worst offenders being precisely those who are convinced that they can be trusted to do so. Private individuals managing their own affairs, he said, actually do more good for society by accident than governments do by policy. (60 / 60 words)

Adam Smith complained bitterly about politicians who claim that they should be allowed to manage the national economy ‘for the public good’ – the worst offenders being precisely those who are convinced that they can be trusted to do so. Private individuals managing their own affairs, he said, actually do more good for society by accident than governments do by policy.

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Variations: 1.increase the length of this precis to exactly 65 words. 2.reduce the length of this precis to exactly 55 words. 3.introduce one of the following words into the precis: besides, just, may, or, ought, since, unless, whereas.

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Word Games

Sevens Based on this passage

Suggest answers to this question. See if you can limit one answer to exactly seven words.

According to Smith, how can private individuals best serve the interests of society at large?

Suggestion

Variations: 1.expand your answer to exactly fourteen words. 2.expand your answer further, to exactly twenty-one words. 3.include one of the following words in your answer: if, but, despite, because, (al)though, unless.

Jigsaws Based on this passage

Express the ideas below in a single sentence. Do not be satisfied with the first answer you think of; think of several, and choose the best.

Private individuals labour in their own interest. Few ask if society benefits. Society does benefit.

Spinners Find in Think and Speak

For each group of words, compose a sentence that uses all three. You can use any form of the word: for example, cat → cats, go → went, or quick → quickly, though neigh → neighbour is stretching it a bit.

This exercise uses words found in the accompanying passage.

1 Necessary. Safe. Than.

2 Have. Not. Society.

3 His. Statesman. Unnecessary.

Variations: 1. include direct and indirect speech 2. include one or more of these words: although, because, despite, either/or, if, unless, until, when, whether, which, who 3. use negatives (not, isn’t, neither/nor, never, nobody etc.)

Add Vowels Find in Think and Speak

Make words by adding vowels to each group of consonants below. You may add as many vowels as you like before, between or after the consonants, but you may not add any consonants or change the order of those you have been given. See if you can beat our target of common words.

bys (6+1)

See Words

bays. boys. buoys. buys. byes. obeys.

bayous.

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