...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.7 Thus, far from being a libertarian rallying cry, the 'invisible...

...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 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.' Using each other in selfish intent but in the nicest possible...

...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. ( Wealth of Nations, P-456)13 Note that the argument is...

...wrote. "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."5 In fact, Smith's ideas about a free-market economy were...

...abode, (There they alike in trembling hope repose) The bosom of his Father and his God. ADAM SMITH 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 (1723-1790) was born at Kirkcaldy Scotland, and...

...argued that this pursuit of self-interest would in turn benefit society as a whole: "[The merchant] 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...

...private personal gain to further the public interest. He said of the pursuit of personal gain: ... he intends only his own gain, and he is, in this, as in many other cases, led by an invisible liand [emphasis mine] to promote an end which was no part of his intention. Nor is it always the worse...

...to promote the puhlick interest, nor knows how much he is promoting it [...] he intends only hisown 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...

...value': '[B]y 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 the invisible hand to promote an end which was no part of his intention' (ibid.). These principles...

...that industry in such a manner as its produce may be of greatest value, intends only his own gain, 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...