...proportion. No regulation of commerce can increafe the quantity of induftry in any fociety beyond what its 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...

...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 not otherwise have gone. The most enlightened statesmen have also concurred in the opinion, that such an artificial direction,...

...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...

...proportion. 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...exerting himself to find out the most advantageous employVOL. II. N merit for whatever capital he can command. It is his own advantage, indeed, and not...

...Britain is forced by the monopoly of the colony trade, is, therefore, a less advantageous employment than that into which it would have gone of its own accord. We have stated this train of reasoning, which hitherto has passed with political economists as conclusive,...

...commerce can increase the quantity of industry, and consequently the wealth of any society, beyond what its capital can maintain. It can only divert a part...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...

...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 always certain that this artificial direction will be more advantageous to society, than...

...subject. ' 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...that into which it would have gone of its own accord. — The statesman, who should attempt to direct private people in what manner they ought to employ...

...subject. ' 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...that into which it would have gone of its own accord. — -The statesman, who should attempt to direct private people in what manner they ought to employ...

...proportion. 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 new direction." Here a number of propositions are assumed to be true, which are at least questionable,...