 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...  The 101 Greatest Business Principles of All Time - Página 10por Leslie Pockell, Adrienne Avila - 2007 - 128 páginasPré-visualização limitada - Acerca deste livro
 | John E. Ikerd - 2005 - 211 páginas
...necessities but of their advantages."17 In referring to the benefits of free trade, Smith wrote, "he intends only 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." "By pursuing his own interest he frequently promotes that... | |
 | Alan Aldridge - 2005 - 167 páginas
...own gain the outcome is to maximize national wealth and therefore to further the public interest: 'he intends only 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'. In his earlier work, The Theory of Moral Sentiments (1976/1759:... | |
 | Michael McKeon - 2005 - 873 páginas
...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 other cases, led by an invisible hand to promote an end which was no part of his intention. (Bk. 4, chap. 2; 1:454, In Smiths analysis, social psychology... | |
 | Raymond W. Baker - 2005 - 288 páginas
...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 other cases, led by an invisible hand to promote an end which was no part of his intention."28 What are we to make of Smith's fleeting references to... | |
 | Allen Verhey - 2005 - 538 páginas
...indeed, neither intends to promote the publick interest, nor knows how much he is promoting it. ... [H]e intends only 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." Adam Smith. A feudal and agrarian economy had been dying... | |
 | James D. Gwartney, Richard L. Stroup, Dwight R. Lee, Tawni Hunt Ferrarini - 2005 - 194 páginas
...rather necessarily, leads him to prefer that employment which is most advantageous to society. . . . He intends only his own gain, and he is in this, as in...many other cases, led by an invisible hand to promote an end which was not part of his intention.1 —ADAM SMITH As Adam Smith noted, the remarkable thing... | |
 | Glyn Lloyd-Hughes - 2005 - 436 páginas
...generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it, he intends only 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. What is prudence in the conduct of every private family,... | |
 | Cyril Smith - 2005 - 231 páginas
...indeed, neither intends to promote the publick interest, nor knows how much he is promoting it. ... He intends only 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. (IV. ii) Without any intervention of law, therefore, the... | |
 | Jomo KS, Jomo Kwame Sundaram, Kwame Sundaran Jomo, Erik S. Reinert - 2005 - 165 páginas
...'By preferring the support of domestic to that of foreign industry, he intends only his own security; and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.' While many periods have been characterized by methodological... | |
 | C. N. Teulings, Ary Lans Bovenberg, Hendrik P. van Dalen, Harry van Dalen - 2005 - 155 páginas
...that industry in such a manner as its produce may be of greatest value, he intends only his own ga/n, 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. Adam Smith, The Wealth of Nations, Book IV, ch. II, 1776... | |
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