"A man of sense only trifles with them, plays with them, humors and flatters them, as he does with a sprightly and forward child; but he neither consults them about, nor trusts them with, serious matters." Lord Chesterfield

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Adam Smith called it the paradox of value: when an important good becomes plentiful, it costs far less than what people are willing to pay for it. The difference is called consumer surplus, and the explosion of this surplus over time is impossible to tabulate. #StevenPinker

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Adam Smith called it the paradox of value: when an important good becomes plentiful, it costs far less than what people are willing to pay for it. The difference is called consumer surplus, and the explosion of this surplus over time is impossible to tabulate. #StevenPinker — English Quotes (@english_quotes) Jun 2, 2026
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