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" But the annual revenue of every society is always precisely equal to the exchangeable value of the whole annual produce of its industry, or rather is precisely the same thing with that exchangeable value. As every individual, therefore, endeavours as... "
Public Economy for the United States - Página 312
por Calvin Colton - 1848 - 536 páginas
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Justice: Views from the Social Sciences

Ronald L. Cohen - 1986 - 314 páginas
...resources "in support of that industry of which the produce is likely to be of greatest value." But because the "annual revenue of every society is always precisely...value of the whole annual produce of its industry," it naturally follows that profit-motivated shifts in the use of resources will expand the level of...
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The Philosophic Thought of Ayn Rand

Douglas J. Den Uyl, Douglas B. Rasmussen - 1987 - 252 páginas
...endeavor to employ it in the support of that industry of which the produce is likely to be of the greatest value. ... As every individual, therefore, endeavors as much as he can both to employ his capital . . . and so to direct . . . that its produce may be of the greatest value; every individual necessarily...
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A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism

Thorstein Veblen - 1993 - 438 páginas
...Capitals." 18. Wealth of Nations, Book I, ch. v. See also the plea for free trade, Book IV, ch. ii: "But the annual revenue of every society is always precisely...precisely the same thing with that exchangeable value." 1 9. "The difference of natural talents in different men is in reality much less than we are aware...
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Economists and the Economy: The Evolution of Economic Ideas

Roger Backhouse - 276 páginas
...length, however, because it is the place where his famous "invisible hand" makes its appearance. But the annual revenue of every society is always precisely...value of the whole annual produce of its industry... As every * individual, therefore, endeavours as much as he can both to employ his capital in support...
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Lauderdale's Notes on Adam Smith's Wealth of Nations

James Maitland Earl of Lauderdale - 1996 - 184 páginas
...constitutes the Revenue of every country. See Philosophie Rurale p. 57. p. 35 (Gl. edn, pp. 455-6) But the annual revenue of every society is always precisely...exchangeable value.* As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestick industry, and so...
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The Theoretical Evolution of International Political Economy: A Reader

George T. Crane, Abla Amawi - 1997 - 354 páginas
...the greatest value, or to exchange for the greatest quantity either of money or of other goods. But the annual revenue of every society is always precisely...exchangeable value. As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so...
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Reconstructing Political Economy: The Great Divide in Economic Thought

William K. Tabb - 1999 - 314 páginas
...allow investment capital to go abroad until the employment needs of the home economy are first met: But the annual revenue of every society is always precisely...equal to the exchangeable value of the whole annual production of its industry, or rather is precisely the same thing with that exchangeable value. As...
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Reconstructing Political Economy: The Great Divide in Economic Thought

William K. Tabb - 1999 - 304 páginas
...allow investment capital to go ahroad until the employment needs of the home economy are first met: But the annual revenue of every society is always precisely equal to the exchangeahle value of the whole annual production of its industry, or rather is precisely the same...
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Invisible Hand: The Wealth of Adam Smith

Andres Marroquin - 2002 - 165 páginas
...it in the support of that industry of which the produce is likely to be of the greatest value... But the annual revenue of every society is always precisely...value of the whole annual produce of its industry As every individual, therefore, endeavours... to direct that industry that its produce may be of the...
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The Kingdom of Science: Literary Utopianism and British Education, 1612-1870

Paul A. Olson - 2002 - 398 páginas
...mythos goes, the capitalist also is led "by an invisible hand" to promote the good of society: 14 But the annual revenue of every society is always precisely...equal to the exchangeable value of the whole annual product of its industry, or rather is precisely the same thing with that exchangeable value. As every...
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