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" Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally,... "
An Inquiry Into the Nature and Causes of the Wealth of Nations - Página 87
por Adam Smith - 1884 - 445 páginas
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Arguing Comparative Politics

Alfred C. Stepan - 2001 - 388 páginas
...Smith: "Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own...that employment which is most advantageous to the society."7 For the classical liberal theoretician, the hidden hand of the market mechanism itself would...
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The Wild West: The Mythical Cowboy and Social Theory

Will Wright - 2001 - 228 páginas
...society: Every individual [seeks] the most advantageous employment for whatever capital he can muster. It is his own advantage, indeed, and not that of the...employment which is most advantageous to the society ... he intends only his own gain, and he is in this . . . led by an invisible hand to promote an end...
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Modern Catholic Social Documents and Political Economy

Albino F. Barrera, OP - 2001 - 360 páginas
...324-25). Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own...and not that of the society, which he has in view (Smith [1776] 1937, book IV, chapter II, 421). 2. On the propensity to trade [A] certain propensity...
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Veblen And Modern America: Revolutionary Iconoclast

Michael Spindler - 2002 - 196 páginas
...interests: Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own...employment which is most advantageous to the society. ... By directing that industry in such a manner as its produce may be of the greatest value, he intends...
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Invisible Hand: The Wealth of Adam Smith

Andres Marroquin - 2002 - 165 páginas
...Declaration: Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally, or rather necessarily...
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The Culture of Capital: Property, Cities, and Knowledge in Early Modern England

Henry S. Turner - 2002 - 324 páginas
...individual benefited both himself, which was his plan, and the wider community, which was not, for "the study of his own advantage naturally, or rather necessarily leads him to prefer that employment [of capital] which is most advantageous to the society" (421). Thanks to the famous "invisible hand"...
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Property and Prophets: The Evolution of Economic Institutions and Ideologies

E. K. Hunt - 2002 - 308 páginas
...capitalist who is concerned only with "his own advantage, indeed, and not that of the society. . . . But the study of his own advantage naturally, or rather necessarily leads them to prefer that employment which is most advantageous to the society" (Smith 1937, p. 421). Not...
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Europe 1715-1919: From Enlightenment to World War

Shirley Elson Roessler, Reny Miklos - 2003 - 320 páginas
...accord. Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own...advantageous to the society. First, every individual endeavors to employ his capital as near home as he can, and consequently as much as he can in the support...
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The Colonizing Trick: National Culture and Imperial Citizenship in Early America

David Kazanjian - 2003 - 336 páginas
...subject: Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own...employment which is most advantageous to the society. . . . every individual endeavours to employ his capital as near home as he can.90 By contrast, the...
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Evolutionary Theory in the Social Sciences: Evolutionary social science

William M. Dugger, Howard J. Sherman - 2003 - 328 páginas
...out the most advantageous employment for whatever capital he can command. It is his own advantage, and not that of the society, which he has in view....employment which is most advantageous to the society. ... By directing that industry in such a manner as its produce may be of the greatest value, he intends...
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