 | Frank Paddock - 1925 - 430 páginas
...because the profits could never pay the expense to any individual, or small number of indiv7" iduals, though it may frequently do much more than repay it to a great so.l8 ciety." The first great duty of the sovereign is to protect society from violence and invasion... | |
 | United States. Bureau of Agricultural Economics - 1945 - 428 páginas
...institutions, which it can never be for the interest of any individual or small number of individuals to erect and maintain; because the profit could never repay...much more than repay it to a great society." — The Wealth of Nations, Book IV, Chapter IX. The preface gives the author's favorable conclusions on TVA... | |
 | 1877 - 594 páginas
...the profit could never repay the cxpcnce to any individual or small number of individuals, though il may frequently do much more than repay it to a great society > — An inquiry into the tialitrc and causes of llie wealth of nations, lib. IV cap. 9 pag. 308-309,... | |
 | Neil De Marchi, Craufurd D. Goodwin - 1999 - 526 páginas
...small number of individuals, to erect and maintain; because the profit could never repay the expence to any individual or small number of individuals,...frequently do much more than repay it to a great society" — is an important component of the activities of the liberal state. The question, of course, is how... | |
 | James M. Buchanan, Richard A. Musgrave - 1999 - 294 páginas
...small number of individuals, to erect and maintain; because the profit could never repay the expence to any individual or small number of individuals,...frequently do much more than repay it to a great society" (Smith [1776], 1937, 651). Externalities and the need to deal with them are recognized as part of the... | |
 | J.C. McVeigh, J.G. Mordue - 2003 - 167 páginas
...number of individuals to erect and maintain; because the profit could never repay the expence to any small number of individuals though it may frequently...do much more than repay it to a great society. The current review of nuclear policy provides a good example of this. It is clear that future pressurised... | |
 | Sharon L. Wolchik - 2000 - 342 páginas
...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals" — these tasks provide ... a wide and unquestioned field for state activity.62 The crucial requirement... | |
 | Robert L. Heilbroner - 2011 - 373 páginas
...may be in the highest degree advantageous to a great society," but which "are of such a nature that the profit could never repay the expense to any individual or small number of individuals." Put into today's language, Smith explicitly recognizes the usefulness of public investment for projects... | |
 | Richard A. Couto - 1999 - 364 páginas
...group of individuals, to erect and maintain because the profit would never repay the expense . . . though it may frequently do much more than repay it to a great society" (Smith 1937 [1776]: 651). It falls to the public realm to decide what public goods are, which ones... | |
 | Stephen L. Elkin, Karol Edward Soltan - 2010 - 446 páginas
...they may be in the highest degree advantageous to a great society, are, however, of such a nature that the profit could never repay the expense to any individual or small number."16 1n other countries, the commonwealth's existence was handed down from antiquity or consecrated... | |
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... the duty of erecting and maintaining certain public works and certain public institutions which it can never be for the interest of any individual, or small number of individuals, to erect and maintain, because the profit could never repay the expense... 
