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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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The Moral & Social Significance of the Conception of Personality

Arthur George Heath - 1921 - 159 páginas
...promoting it. By directing that industry in sujh 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, i. 421 (ed. Cannan)....
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Principles of National Economy

Thomas Nixon Carver - 1921 - 773 páginas
...promoting it. ... By directing (his) industry in such a manner as its produce may be of 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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Modern Economic History with Special Reference to Australia

Herbert Heaton - 1922 - 288 páginas
...promoting it by directing industry in such a manner that its product may be of the greatest value, but 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 hisintention. ' ' This being so, then free competition, the rule of self-interest,...
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Representative Government and a Parliament of Industry: A Study of the ...

Herman Finer - 1923 - 273 páginas
...security ; and by directing that industry in such a manner as its produce may be of 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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THE FOUNDATIONS OF THE MODERN COMMONWEALTH

ARTHUR N. HOLCOMBE - 1923 - 540 páginas
...returns. "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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The Foundations of the Modern Commonwealth

Arthur Norman Holcombe - 1923 - 491 páginas
...returns. "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 v' hand to promote an end which was no part of his intention. By pursuing his own interest he frequently...
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The Trend of Economics

Morris Albert Copeland - 1924 - 556 páginas
...to the society"; somehow there is coordination of specialists. To Adam Smith it seemed, indeed, that "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. " If we may make a substitution for the "unseen hand," we...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volume 34

1924 - 726 páginas
...such a manner as its produce may be of the greatest value," though " he intends only his own gain," " is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." 1 You observe how the very terms of the former treatise...
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The Economic journal, Volume 34

1924
...such a manner as its produce may be of the greatest value," though " he intends only his own gain," " is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." 1 You observe how the very terms of the former treatise...
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Some Aspects of the Inequality of Incomes in Modern Communities

Hugh Dalton Baron Dalton - 1925 - 376 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...many other cases, led by an invisible hand to promote an end which was no part of his intention."* This doctrine is founded more 1 I., p. 290. 1 Book IV.,...
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