Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 91

Samuel Smiles《Thrift》· Thrift · Investing

This habitual improvidence--though of course there are many admirable exceptions--is the real cause of the social degradation of the artizan. This too is the prolific source of social misery. But the misery is entirely the result of human ignorance and self-indulgence. For though the Creator has ordained poverty, the poor are not necessarily, nor as a matter of fact, the miserable. Misery is the result of moral causes,--most commonly of individual vice and improvidence.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 91 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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