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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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John Stuart Mill's Political Philosophy

John R. Fitzpatrick - 2006 - 176 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.7 Thus, far from being a libertarian rallying cry, the 'invisible...
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The World Anew

Paul Zecos - 2006 - 468 páginas
...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...
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Actual Ethics

James R. Otteson - 2006
...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...
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A Beautiful Math: John Nash, Game Theory, and the Modern Quest for a Code of ...

Tom Siegfried - 2006 - 272 páginas
...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...
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The English Reader: What Every Literate Person Needs to Know

Diane Ravitch - 2006 - 486 páginas
...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...
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of ...

Eric D. Beinhocker - 2006 - 556 páginas
...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...
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America at the Internet Crossroads: Choosing the Road to Innovation, Wealth ...

Michael Bookey - 2006 - 266 páginas
...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...
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Popularklagen im Privatrecht: zugleich ein Beitrag zur Theorie der Verbandsklage

Axel Halfmeier - 2006 - 422 páginas
...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...
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The Elgar Companion to Development Studies

David Clark - 2006 - 713 páginas
...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...
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The Paradox of Democratic Capitalism: Politics and Economics in American Thought

David F. Prindle, Professor David F Prindle - 2006 - 368 páginas
...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...
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