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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 Works of Adam Smith: The nature and causes of the wealth of nations - Página 123
por Adam Smith - 1811
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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...
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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...
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Economics Confronts the Economy

Philip A. Klein - 2006 - 428 páginas
...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 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...
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The Myth America Pageant: How Government and Politics Really Affect the ...

Robert Wickes - 2006 - 337 páginas
...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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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...
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Explaining Social Behavior: More Nuts and Bolts for the Social Sciences

Jon Elster - 2007 - 422 páginas
...interest: when an agent directs his "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. Nor is it always...
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The Philosophy of Martin Scorsese

Mark Conard - 2007 - 264 páginas
...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 other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always...
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Your Financial Edge: How to Take the Curves in Shifting Financial Markets ...

Paul McCulley, Jonathan Fuerbringer - 2007 - 258 páginas
...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 other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always...
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Democracy, Equality, and Justice: John Adams, Adam Smith, and Political Economy

John E. Hill - 2007 - 290 páginas
...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 other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always...
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