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" No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can only divert a part of it into a direction into which it might not otherwise have gone... "
Premises of Free Trade Examined: Also Reviews of Bastiat's "Sophisms of ... - Página 4
por George Basil Dixwell - 1883 - 232 páginas
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - 1811 - 544 páginas
...capital can maintain. It can only divert a part of it into a direction into which it might not otherwife have gone ; and it is by no means certain that this artificial direction is likely to be toore advantageous to the fociety than that into which it would have gone of its own accord. Every...
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The American Review of History and Politics, and General ..., Volume 1

1811 - 558 páginas
...this head. It is a maxim with all writers on political economy, that no regulation of commerce can increase the quantity of industry in any society, beyond what its capital can maintain, and that regulations of this sort, can only divert a part of it, into a direction, into which it might...
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Lectures on History, and General Policy: To which is Prefixed, An Essay on a ...

Joseph Priestley - 1826 - 652 páginas
...that no regulation of commerce can increase the quantity of industry, and consequently the wealth of any society, beyond what its capital can maintain....by no means certain that this artificial direction will be more advantageous to society than that to which it would have gone of its own accord. LECTURE...
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Lectures on the Elements of Political Economy

Thomas Cooper - 1826 - 302 páginas
...capital of that society, and never can exceed that proportion. No regulation of commerce can encrease the quantity of industry in any society beyond what its capital can maintain. It may divert a part of it into a direction into which it might not otherwise have gone; but it is not...
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A Manual of Political Economy: With Particular Reference to the Institutions ...

Willard Phillips - 1828 - 286 páginas
...to the capital of that society, and never can exceed that proportion. No regulation of commerce can increase the quantity of industry in any society beyond...can maintain. It can only divert a part of it into a new direction." Here a number of propositions are assumed to be true, which are at least questionable,...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1838 - 476 páginas
...the whole capital of the society, and never can exceed that proportion. No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can onlv divert a part ef it into a direction into which it might not other « i i' have gone ; and it...
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Merchants' Magazine and Commercial Review, Volume 32

1855 - 800 páginas
...society can increase the quantity of industry in any direction beyond what its capital can maintain. Tt can only divert a part of it into a direction into which it might not otherwise have gone : and it ш by no means certain that this artificial direction is likely to be more advantageous than that into...
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The Collected Works of Dugald Stewart: Lectures on political economy ... To ...

Dugald Stewart - 1856 - 512 páginas
...to the Navigation Act, he added :) — On the same principle have been founded some late reasonings, its capital can maintain. It can only divert a part...certain that this artificial direction is likely to l>e more advantageous to the society than that into which it would have gone of its own accord. Every...
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A Treatise on Political Economy; Or, The Production, Distribution, and ...

Jean Baptiste Say - 1857 - 504 páginas
...years' time. Smith thinks otherwise: hear what he says on the subject. " No regulation of commerce can increase the quantity of industry in any society,...direction, into which it might not otherwise have Though bounties a/e chargeable, and a dead loss to the gross national wealth, there are cases in which...
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Principles of Social and Political Economy, Or, The Laws of the ..., Volume 1

William Atkinson - 1858 - 698 páginas
...whole capital of that society, and never can exceed that proportion; no regulation of commerce can increase the quantity of industry in any society beyond...certain, that this artificial direction is likely to be * The Wealth of Nations, by Adam Smith, book 4, ch. ii. p. 176. more advantageous to the society than...
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