Famous quote by Adam Smith

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The real tragedy of the poor is the poverty of their aspirations

"The real tragedy of the poor is the poverty of their aspirations"

- Adam Smith

About this Quote

Adam Smith's quote speaks with the disaster of poverty, not simply in terms of the lack of resources and opportunities offered to the poor, however also in regards to the absence of hope and ambition that poverty can bring. The quote recommends that poverty can result in a lack of ambition and aspiration, which can be just as damaging as the lack of resources. This is because aspiration and aspiration are necessary for development and success, and without them, the poor are unable to break out of the cycle of hardship. The quote likewise implies that poverty can cause a lack of self-belief and an absence of faith in the future, which can even more limit the chances available to the poor. Ultimately, Adam Smith's quote highlights the significance of aspiration and goal in getting rid of poverty, and the catastrophe of those who are not able to access these necessary resources.

About the Author

Adam Smith This quote is written / told by Adam Smith between June 5, 1723 and July 17, 1790. He was a famous Economist from Scotland. The author also have 29 other quotes.

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