"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience"
About this Quote
Smiths target is moral certainty as a political force. In an 18th-century world of religious faction, imperial expansion, and state-building, appeals to virtue were the premium currency of public life. Reformers, churchmen, and patriots could frame coercion as care and punishment as purification. The subtext: conscience is a poor regulator when it has been recruited as a lawyer for the ego. Vice tempts; virtue authorizes.
The rhetorical trick is the phrase "excesses of virtue". It treats goodness not as a stable category but as a variable that can be overdosed. That is an economists move: thinking in marginal terms. Past a point, the good motive produces bad outcomes - fanaticism, persecution, moral licensing, the sort of cruelty that insists its victims should be grateful.
Read alongside Smiths moral philosophy (not just The Wealth of Nations), it is a warning about spectatorship and self-deception: we calibrate our behavior to approval. Virtue, performed and applauded, can expand into a mandate. Vice rarely gets parades. Virtue does - and that is why it can become more frightening.
Quote Details
| Topic | Ethics & Morality |
|---|---|
| Source | Later attribution: The JOY of Giving Volume 2: America's Theology of "What W... (Philip Ellerbrock, 2010) modern compilationISBN: 9780557546831 · ID: 7UoIAgAAQBAJ
Evidence: ... Adam Smith , famous for describing modern capitalism as saying , Virtue is more to be feared than vice , because its excesses are not subject to the regulation of conscience . 150 ( Italics mine . ) Here are the Issues We Care About ... Other candidates (1) Journal of Forgotten Days: May 1934–October 1935 (Adam Smith, 1948)50.0% Reading some outpourings in favour of the Child Labour Amendment sharpens my sense of the dreadful havoc worked by th... |
| Cite |
Citation Formats
APA Style (7th ed.)
Smith, Adam. (2026, February 12). Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience. FixQuotes. https://fixquotes.com/quotes/virtue-is-more-to-be-feared-than-vice-because-its-3012/
Chicago Style
Smith, Adam. "Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience." FixQuotes. February 12, 2026. https://fixquotes.com/quotes/virtue-is-more-to-be-feared-than-vice-because-its-3012/.
MLA Style (9th ed.)
"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience." FixQuotes, 12 Feb. 2026, https://fixquotes.com/quotes/virtue-is-more-to-be-feared-than-vice-because-its-3012/. Accessed 12 Feb. 2026.





