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" ... 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. "
Modern Economic History with Special Reference to Australia - Página 68
por Herbert Heaton - 1922 - 288 páginas
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The Fugitive's Properties: Law and the Poetics of Possession

Stephen M. Best - 2004 - 384 páginas
...Oxford University Press, 1991). 36. Smith, Wealth, 260, 269. "He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it" (345). This causal unknown is the very "moral" hub of Smith's moral economy, foregrounding a concern...
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Origins of the Crash: The Great Bubble and Its Undoing

Roger Lowenstein - 2004 - 300 páginas
...self-interest. In his famous passage, "Every individual [who] employs capital [and] labours neither intends to promote the public interest, nor knows how much he is promoting it ... he is ... led by an invisible hand. . . ."2 The reason the hand points toward good, and not toward...
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Biography of a Subject: An Evolution of Development Economics

Gerald M. Meier - 2004 - 264 páginas
...render the annual revenue of society as great as he can. . . . He 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...
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The Invisible Hand and the Common Good

Bernard Hodgson - 2004 - 492 páginas
...I shall argue that Smith notes that every individual public "generally, indeed, neither intends to promote the public 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...
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Economics with Calculus

Michael C. Lovell - 2004 - 636 páginas
...to employ his capital so that its product may be of greatest value. He generally neither intends to promote the public interest nor knows how much he is promoting it. He intends only his own security, only his own gain. While Smith may sound cynical in asserting that...
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The Company of Strangers: A Natural History of Economic Life

Paul Seabright - 2004 - 322 páginas
...render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and...
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Making a Market Economy: The Institutional Transformation of a Freshwater ...

Ning Wang - 2005 - 218 páginas
...render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and...
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Beiträge zur wirtschaftstheoretischen Fundierung ökologischer und sozialer ...

Karl Farmer - 2005 - 302 páginas
...render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and...
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The Natural Advantage of Nations: Business Opportunities, Innovations and ...

Michael Harrison Smith - 2013 - 568 páginas
...to rend the annual revenue of the society as great as he can. He generally indeed neither intends to promote the public interest, nor knows how much he is promoting it By preferring the support of domestic to that of foreign industry, he intends only his own security, and...
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Ecological Economics: An Introduction

Michael Common, Sigrid Stagl - 2005 - 600 páginas
...render the annual revenue of the society as great as he can. He 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...
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