Quotes from bookThe Fable of the Bees
The Fable of The Bees: or, Private Vices, Publick Benefits is a book by Bernard Mandeville, consisting of the poem The Grumbling Hive: or, Knaves turn’d Honest, along with prose discussion of the poem. The poem was published in 1705, and the book first appeared in 1714. The poem suggests many key principles of economic thought, including division of labor and the "invisible hand", seventy years before these concepts were more thoroughly elucidated by Adam Smith. Two centuries later, John Maynard Keynes cited Mandeville to show that it was "no new thing ... to ascribe the evils of unemployment to ... the insufficiency of the propensity to consume", a condition also known as the paradox of thrift, which was central to his own theory of effective demand.
“Pride and Vanity have built more Hospitals than all the Virtues together.”
Bernard Mandeville book The Fable of the Bees
"An Essay on Charity, and Charity-Schools", p. 294
The Fable of the Bees (1714)
“They put off hearings wilfully,
To finger the refreshing fee.”
Bernard Mandeville book The Fable of the Bees
"The Grumbling Hive", line 65, p. 4
The Fable of the Bees (1714)
Bernard Mandeville book The Fable of the Bees
"An Enquiry into the Origin of Moral Virtue", p. 33
The Fable of the Bees (1714)
“The worst of all the Multitude
Did something for the Common Good.”
Bernard Mandeville book The Fable of the Bees
"The Grumbling Hive", line 167, p. 9
The Fable of the Bees (1714)
Bernard Mandeville book The Fable of the Bees
"An Enquiry into the Origin of Moral Virtue", p. 37
The Fable of the Bees (1714)
Bernard Mandeville book The Fable of the Bees
"A Search into the Nature of Society", p. 415
The Fable of the Bees (1714)
Bernard Mandeville book The Fable of the Bees
"The Moral", line 17, p. 24
The Fable of the Bees (1714)