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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... "
An inquiry into the nature and causes of the wealth of nations. A careful ... - Page 356
by Adam Smith - 1875
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - Division of labor - 1786 - 538 pages
...own fecurity; and by directing that induftry in fuch a manner as its produce may be of the greateft value, he intends only his own gain, and he is in this, as in many other cafes, Jed by an invifible hand to promote an end which was no part of his intention. Nor is it always...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - Economics - 1789 - 550 pages
...own feeurity ; and by directing that induftry in fiich a manner as its produce may be of the greateft value, he intends only his own gain, and he is in this, as in many other cafes, led by an invifible hand to promote an end which was no part of his intention. Nor is it always...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - English literature - 1811 - 550 pages
...,1'ecurity ; and by directing that induftry in fuch a manner as its produce may be of the greateft value, he intends only his own gain, and he is in this, as in many other cafes, led by an invifible hand to promote an end which was no part of his intention. Nor is it always...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1838 - 476 pages
...By preferring the support of domestic to that of foreign industry, he intends only his own vcurity ; and by directing that industry in such a manner as...many other cases, led by an invisible hand to promote an end wl.icu was no part of his intention. Nor is it always the worse for the society that it was...
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Public Economy for the United States

Calvin Colton - Economics - 1848 - 556 pages
...manner that its produce may be of the greatest value, he intends only his own gain ; and he is in that, as in many other cases, led by an invisible hand,...which was no part of his intention. Nor is it always worse for the society, that it was no part of it. By pursuing his own interest, he frequently promotes...
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The Collected Works of Dugald Stewart, Volume 9

Dugald Stewart - 1856 - 502 pages
...generally indeed neither intends to promote the public interest, nor knows how much he ispromotingit. . . . He intends only his own gain ; and he is in this,...end which was no part of his intention. Nor is it the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes...
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The Collected Works of Dugald Stewart: Lectures on political economy ... To ...

Dugald Stewart - 1856 - 512 pages
...indeed neither intends to promote the public interest, nor knows how much he IB promoting it. . . . He intends only his own gain ; and he is in this,...end which was no part of his intention. Nor is it the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes...
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An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - Economics - 1869 - 870 pages
...of industry is what it adds to the subject or materials upon which it is employed. In proportion us the value of this produce is great or small, so will...and he is in this, as in many other cases, led by au invisible hand to promote an end which was no part of his intention. Nor is it always the worse...
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Essays in Political and Moral Philosophy

Thomas Edward Cliffe Leslie - Economics - 1879 - 510 pages
...generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is in this as...many other cases led by an invisible hand to promote an end which was no part of his intention.'* The process of specialization which has differentiated...
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Premises of Free Trade Examined: Also Reviews of Bastiat's "Sophisms of ...

George Basil Dixwell - Free trade - 1883 - 240 pages
...nevertheless, unintentionally promote that of the society, added the words, — " and he (the individual) is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention ; " but it will be observed that Adam Smith had not the folly...
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