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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... "
From Adam Smith to the Wealth of America - Page 20
by Alvin Rabushka - 1985 - 237 pages
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Principles of Political Economy

Thomas Nixon Carver - Economics - 1919 - 588 pages
...industry in such a manner as its produce may be of greatest value, he intends only his own gain, and 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...
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The Place of Science in Modern Civilisation and Other Essays

Thorstein Veblen - Economics - 1919 - 509 pages
...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 an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part...
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Elementary Economics

Thomas Nixon Carver - Economics - 1920 - 400 pages
...industry in such a manner as its produce may be of greatest value, he intends only his own gain, and 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...
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Principles of National Economy

Thomas Nixon Carver - Economics - 1921 - 773 pages
...industry in such a manner as its produce may be of greatest value, he intends only his own gain, and 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...
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The Foundations of the Modern Commonwealth

Arthur Norman Holcombe - Political science - 1923 - 491 pages
...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 an invisible v' hand to promote an end which was no part of his intention. By pursuing his own interest he frequently...
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The Trend of Economics

Morris Albert Copeland - Economics - 1924 - 556 pages
...to the society"; somehow there is coordination of specialists. To Adam Smith it seemed, indeed, that "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. " If we may make a substitution for the "unseen hand," we...
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The Economic journal, Volume 34

1924
...such a manner as its produce may be of the greatest value," though " he intends only his own gain," " is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." 1 You observe how the very terms of the former treatise...
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The Economic Journal: The Quarterly Journal of the Royal Economic Society

Economics - 1924
...such a manner as its produce may be of the greatest value," though " he intends only his own gain," " is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." 1 You observe how the very terms of the former treatise...
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University of California Chronicle

United States - 1921
...promote the public interest, nor knows how much he is promoting it. ... He intends his own gain, and 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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Putting Ideas to Work: A Practical Introduction to Political Thought

Mark Mattern - Philosophy - 2006 - 459 pages
...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 an invisible hand to promote an end which was no part of his intention. ... By pursuing his own interest he frequently promotes...
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