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" 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 10
por Leslie Pockell, Adrienne Avila - 2007 - 128 páginas
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Adam Smith's Moral Philosophy: A Historical and Contemporary Perspective on ...

Jerry Evensky - 2005
...industry in such a manner as its produce may be of the greatest value, he intends only his own gain, 32 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. (WN, 456) This invisible hand is not, as the modern discourse...
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Ecological Economics: An Introduction

Michael Common, Sigrid Stagl - 2005 - 592 páginas
...generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it ... 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...
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The Mechanics of Modernity in Europe and East Asia: The Institutional ...

Erik Ringmar - 2005 - 266 páginas
...self-love.45 The individual said Smith, invoking a metaphor he already had employed decades previously, 'is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.'46 A precondition for this solution to work was only that...
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Welfare, Incentives, and Taxation

James A. Mirrlees, Professor of Political Economy James Mirrlees - 2006 - 565 páginas
...say that, by directing that industry in such a manner as its produce may be of the greatest value, [every individual] 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. (IV, Chapter II) This says nothing about possible advantage...
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Putting Ideas to Work: A Practical Introduction to Political Thought

Mark Mattern - 2006 - 459 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. ... By pursuing his own interest he frequently promotes...
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Accounting Standards: True Or False?

R. A. Rayman - 2006 - 230 páginas
...is only for the sake of profit that any man employs a capital in the support of industry. . . . 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 ow-n interest he frequently promotes...
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Religious Perspectives on Business Ethics: An Anthology

Thomas O'Brien, Scott Paeth - 2007 - 359 páginas
...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 not part of his intention. M.uiy pastors from Smith's day down to our own time have...
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Lost Causes: Historical Consciousness in Victorian Literature

Jason B. Jones - 2006 - 134 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. By pursuing his own interest he frequently promotes that...
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Rational Choice and Democratic Deliberation: A Theory of Discourse Failure

Guido Pincione, Fernando R. Tesón - 2006 - 258 páginas
...individual] 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. 42 Invisible-hand explanations are opaque, counterintuitive....
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Technomics: The Theory of Industrial Evolution

H. Lee Martin - 2006 - 256 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. — Adam Smith, Wealth of Nations Adam Smith published his...
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