By preferring the support of domestic to that of foreign industry, he intends only his own security ; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and he is in this, as in many... Darwinian Evolution - Page 85edited by - 149 pagesLimited preview - About this book
| Martin Gustav Glaeser - Public utilities - 1927 - 908 pages
...support of domestic to that of foreign industry, he intends only his own security, and by directing that industry in such a manner as its produce may be of the greatest value, he intends only hia own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end... | |
| Charles Ryle Fay - Great Britain - 1928 - 488 pages
...which the folly of human laws too often encumbers its operations (II. 43). . . . By directing that industry in such a manner as its produce may be of the greater value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible... | |
| United States - 1921 - 498 pages
...neither intends to promote the public interest, nor knows how much he is promoting it. ... He intends his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no... | |
| Wolfgang B. Sperlich - Biography & Autobiography - 2006 - 166 pages
...support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of...many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part... | |
| H. Lee Martin - Business & Economics - 2006 - 256 pages
...support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of...many other cases, led by an Invisible Hand to promote an end which was no part of his intention. — Adam Smith, Wealth of Nations Adam Smith published his... | |
| David Clark - Business & Economics - 2006 - 757 pages
...yield the greatest profit and are, therefore 'likely to be of the greatest value': '[B]y directing that industry in such a manner as its produce may be of...and he is in this, as in many other cases, led by the invisible hand to promote an end which was no part of his intention' (ibid.). These principles... | |
| Philip A. Klein - Business & Economics - 2006 - 428 pages
...support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of...intends only his own gain, and he is in this, as in so many other cases, led by an invisible hand to promote an end which was no part of his intention.... | |
| Robert Wickes - Political Science - 2006 - 337 pages
...went further by saying, "[A typical investor] intends only his own security; and by directing that industry in such a manner as its produce may be of...value, he intends only his own gain, and he is in this. ..led by an invisible hand to promote [the benefit of others] which was no part of his intention. Wow!... | |
| Paul Zecos - 2006 - 467 pages
...The Wealth of Nations, wrote: 'By directing that industry in such a manner as its produce may be of greatest value, he intends only his own gain, and...many other cases, led by an invisible hand to promote an end which was no part of his intention.' Using each other in selfish intent but in the nicest possible... | |
| Dewett K.K. & Navalur M.H. - Banks and banking - 2010 - 992 pages
...intends to promote the public interest, nor knows how much he is promoting it .... by directing that industry in such a manner as its produce may be of...value, he intends only his own gain, and he is, in mis. as in many other cases, led by an invisible hand to promote an end which was no pun of his intention."... | |
| |