...maintaining certain public works and certain public institutions,which itcan never be for the interest x of any individual, or small number of individuals,...maintain ; because the profit could never repay the expence to any individual, or small number of individuals, though it may frequently do much more than...

...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual, or small number of individuals ; and which it therefore cannot be expected that any individual, or small number of individuals, should...

...other member of it, or the duty of establishing an exact administration of justice ; and, thirdly, the duty of erecting and maintaining certain public...small number of individuals, to erect and maintain 3 because the pro. fit could never repay the expense to any individual, or small number of individuals,...

...every other member of it, or the duty of establishing an exact administration of justice; and, thirdly, the duty of erecting and maintaining certain public...do much more than repay it to a great society. The proper performance of those several duties of the sovereign necessarily supposes a certain expense...

...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should...

...other member of it, or the duty of establishing an exact administration of justice ; and, thirdly, the duty of erecting and maintaining certain public...small number of individuals, to erect and maintain." Before the principles of Political Economy were understood as an art or science, wealth was supposed...

...other member of it, or the duty of establishing1 an exact administration of justice ; and, thirdly, the duty of erecting and maintaining certain public...any individual, or small number of individuals, to e/cct and maintain; because the profit could never repay the expense to any individual or small number...

...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should...

...regulate all economic activity. The third function of the state according to Adam Smith is the task "of erecting and maintaining certain public works...because the profit could never repay the expense to them, though it may frequently do much more than repay it to a great society." ( Wealth of Nations,...

...regulate all economic activity. The third function of the state according to Adam Smith is the task "of erecting and maintaining certain public works...institutions, which it can never be for the interest of anjr individual, or small number of individuals, to erect and maintain, because the profit could never...