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Aristotle's Ethics
Book IV.

for want of some trifle; he is procrastinating in all he does, and contrives how he may spend the least, and does even that with lamentations about the expense, and thinking that he does all things on a greater scale than he ought.

Of course, both these states are faulty, but they do not involve disgrace because they are neither hurtful to others nor very unseemly.

III

The very name of Great-mindedness implies, that great things are its object-matter; and we will first settle what kind of things. It makes no difference, of course, whether we regard the moral state in the abstract or as exemplified in an individual.

1123b Well then, he is thought to be Great-minded who values himself highly and at the same time justly, because he that does so without grounds is foolish, and no virtuous character is foolish or senseless. Well, the character I have described is Great-minded. The man who estimates himself lowly, and at the same time justly, is modest; but not Great-minded, since this latter quality implies greatness, just as beauty implies a large bodily conformation while small people are neat and well made but not beautiful.

Again, he who values himself highly without just grounds is a Vain man: though the name must not be applied to every case of unduly high self-estimation. He that values himself below his real worth is Small-minded, and whether that worth is great, moderate, or small, his own estimate falls below it. And he is the strongest case of this error who is really a man of great worth, for what would he have done had his worth been less?

The Great-minded man is then, as far as greatness is concerned, at the summit, but in respect of propriety he is in the mean, because he estimates himself at his real value (the other characters respectively are in excess and defect). Since then he justly estimates himself at a high, or rather at the highest possible rate, his character will have respect specially to one thing: this term “rate” has reference of