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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... "
Principles of National Economy - Página 85
por Thomas Nixon Carver - 1921 - 773 páginas
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Welfare, Incentives, and Taxation

James A. Mirrlees - 2006 - 602 páginas
...directing that industry in such a manner as its produce may be of the greatest value, [every individual] 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. (IV, Chapter II) This says nothing about possible advantage...
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Greed, Inc: Why Corporations Rule Our World

Wade Rowland - 2006 - 302 páginas
...fellow citizens.1 Smith continues, asserting that in transactions of the marketplace the individual 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. Nor is it always the worse for the society that it was no...
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America at the Internet Crossroads: Choosing the Road to Innovation, Wealth ...

Michael Bookey - 2006 - 292 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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Capitalist Networks and Social Power in Australia and New Zealand

Georgina Murray - 2006 - 272 páginas
...rational and benign, correct? Are we to trust to the social responsibility of a businessman who seeks: 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 . . . nor is it always the worse for the society that it...
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The Elgar Companion to Development Studies

David Clark - 2006 - 757 páginas
...of the greatest 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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Beyond the Promised Land: The Movement and the Myth

David F. Noble - 2005 - 224 páginas
...as its produce may be of the greatest value, he intends only his own gain." Yet, Smith pointed out, "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. Nor is it always the worse for the society that it was no...
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Enlightening Revolutions: Essays in Honor of Ralph Lerner

Svetozar Minkov, Stéphane Douard - 2006 - 416 páginas
...individual decisions about where to invest one's capital. Such an individual intends only his own gain, but "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" (IV.ii.9, 456 emphasis added). As in The Theory of Moral...
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Economics Confronts the Economy

Philip A. Klein - 2006 - 428 páginas
...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 so many other cases, led by an invisible hand to promote an end which was no part of his intention....
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The Myth America Pageant: How Government and Politics Really Affect the ...

Robert Wickes - 2006 - 337 páginas
...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. ..led by an invisible hand to promote [the benefit of others] which was no part of his intention. Wow!...
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Modern Economic Theory

Dewett K.K. & Navalur M.H. - 2010 - 992 páginas
...much he is promoting it .... 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 mis. as in many other cases, led by an invisible hand to promote an end which was no pun of his intention."...
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