Prudence

Prudence (Lat. prudentia, contracted from providentia, seeing ahead) is the ability to govern and discipline oneself by the use of reason. It is classically considered to be a virtue, and in particular one of the four Cardinal virtues (which are, with the three theological virtues, part of the seven virtues).

The word comes from Old French prudence (14th century), from Latin prudentia (foresight, sagacity). It is often associated with wisdom, insight, and knowledge. In this case, the virtue is the ability to judge between virtuous and vicious actions, not only in a general sense, but with regard to appropriate actions at a given time and place. Although prudence itself does not perform any actions, and is concerned solely with knowledge, all virtues had to be regulated by it. Distinguishing when acts are courageous, as opposed to reckless or cowardly, for instance, is an act of prudence, and for this reason it is classified as a cardinal (pivotal) virtue.

Although prudence would be applied to any such judgment, the more difficult tasks, which distinguish a person as prudent, are those in which various goods have to be weighed against each other, as when a person is determining what would be best to give charitable donations, or how to punish a child so as to prevent repeating an offense.

In modern English, however, the word has become increasingly synonymous with cautiousness. In this sense, prudence names a reluctance to take risks, which remains a virtue with respect to unnecessary risks, but when unreasonably extended (i.e. over-cautiousness), can become the vice of cowardice.

In the Nicomachean Ethics, Aristotle gives a lengthy account of the virtue phronesis (Greek: ϕρονησιϛ), which has traditionally been translated as "prudence", although this has become increasingly problematic as the word has fallen out of common usage. More recently ϕρονησιϛ has been translated by such terms as "practical wisdom", "practical judgment," or "rational choice."

Read more about Prudence:  Prudence As The "Father" of All Virtues, Prudence Versus Cunning and False Prudence, Integral Parts of Prudence, Prudential Judgments, Prudence in Economics, Prudence in Accounting

Famous quotes containing the word prudence:

    The world is filled with the proverbs and acts and winkings of a base prudence, which is a devotion to matter, as if we possessed no other faculties than the palate, the nose, the touch, the eye and ear; a prudence which adores the Rule of Three, which never subscribes, which never gives, which seldom lends, and asks but one question of any project,—Will it bake bread?
    Ralph Waldo Emerson (1803–1882)

    Datta: what have we given?
    My friend, blood shaking my heart
    The awful daring of a moment’s surrender
    Which an age of prudence can never retract
    By this, and this only, we have existed
    —T.S. (Thomas Stearns)

    Housekeeping is not beautiful; it cheers and raises neither the husband, the wife, nor the child; neither the host nor the guest; it oppresses women. A house kept to the end of prudence is laborious without joy; a house kept to the end of display is impossible to all but a few women, and their success is dearly bought.
    Ralph Waldo Emerson (1803–1882)