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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... "
Some Aspects of the Inequality of Incomes in Modern Communities - Página 42
por Hugh Dalton Baron Dalton - 1925 - 376 páginas
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The Elgar Companion to Development Studies

David Clark - 2006 - 757 páginas
...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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The Paradox of Democratic Capitalism: Politics and Economics in American Thought

David F. Prindle - 2006 - 398 páginas
...that industry in such a manner as its produce may be of greatest value, intends only his own gain, 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 his own interest he frequently promotes that...
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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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Pricing on Purpose: Creating and Capturing Value

Ronald J. Baker - 2010 - 402 páginas
...industry in such a manner as its produce may be of the greatest value, he intends only his own gain. He is in this, as in many other cases, led by an invisible hand to promote and end which was no part of his intention. ...By pursuing his own interest he frequently promotes...
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Economics Confronts the Economy

Philip A. Klein - 2006 - 428 páginas
...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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Modern Economic Theory

Dewett K.K. & Navalur M.H. - 2010 - 992 páginas
...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." Free enterprise economy. PROBLEMS TO BE TACKLED BY PRICE...
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A Crowd of One: The Future of Individual Identity

John Clippinger - 2007 - 272 páginas
...book for which he is best known, The Wealth of Nations (1776): Every individual necessarily labors to render the annual revenue of the society as great...many other cases, led by an invisible hand to promote an end which was no part of his intention. By pursuing his own interest he frequently promotes that...
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EC Electronic Communications and Competition Law

Mira Burri Nenova, Mira Burri - 2007 - 396 páginas
...The most well-known and cited passage therein is the following: "He [specifically each individual] generally, indeed neither intends to promote the public...many other cases, led by an invisible hand to promote an end which was no part of his intention". As cited by Patrick Van Cayseele and Roger Van den Bergh,...
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Physics of Societal Issues: Calculations on National Security, Environment ...

David Hafemeister - 2007 - 487 páginas
...with his situation as to be without any wish of alteration or improvement of any kind . . . He . . . neither intends to promote the public interest, nor...many other cases, led by an invisible hand to promote an end which was no part of his intention." [Adam Smith, The Wealth of Nations, 1776] "Famine seems...
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