Belief Quotes
I have no faith in political arithmetic.
"I have no faith in political arithmetic."— Adam Smith
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Meaning of this quote
The shortened statement expresses skepticism about numerical claims in political economy, while dropping Smith's qualification.
Key takeaway:
Ask how an estimate was produced and what uncertainty it carries.
Origin of the quote
The Wealth of Nations (1776)
Who actually said this?
Shortens “I have no great faith” and drops the original qualification about estimates.
Source:
The Wealth of Nations (1776)
