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Adam Smith

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The virtue of frugality lies in a middle between avarice and profusion, of which the one consists in an excess, the other in a defect of the proper attention to the objects of self–interest.
--
Section II, Chap. I

 
Adam Smith

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Scepticism.—Excess, like defect of intellect, is accused of madness. Nothing is good but mediocrity. The majority has settled that, and finds fault with him who escapes it at whatever end, I will not oppose it. I quite consent to put myself there, and refuse to be at the lower end, not because it is low, but because it is an end; for I would likewise refuse to be placed at the top. To leave the mean is to abandon humanity. The greatness of the human soul consists in knowing how to preserve the mean. So far from greatness consisting in leaving it, it consists in not leaving it. 378

 
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It [eloquence] consists, then, in a correspondence which we seek to establish between the head and the heart of those to whom we speak on the one hand, and, on the other, between the thoughts and the expressions which we employ. ...We must put ourselves in the place of those who are to hear us, and make trial on our own heart... We ought to restrict ourselves, so far as possible, to the simple and natural, and not to magnify that which is little, or belittle that which is great. It is not enough that a thing be beautiful; it must be suitable to the subject, and there must be in it nothing of excess or defect. 16

 
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Again, it is possible to fail in many ways (for evil belongs to the class of the unlimited ... and good to that of the limited), while to succeed is possible only in one way (for which reason also one is easy and the other difficult—to miss the mark easy, to hit it difficult); for these reasons also, then, excess and defect are characteristic of vice, and the mean of virtue; For men are good in but one way, but bad in many.

 
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Virtue lies in the middle ground.

 
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The Prophets even express their surprise that God should take notice of man, who is too little and too unimportant to be worthy of the attention of the Creator; how, then, should other living creatures be considered as proper objects for Divine Providence!

 
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