 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 20by Alvin Rabushka - 1985 - 237 pagesLimited preview - About this book
 | Morris Albert Copeland - Economics - 1924 - 584 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... | |
 | 1924 - 702 pages
...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... | |
 | Economics - 1924 - 812 pages
...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... | |
 | Hugh Dalton Baron Dalton - Economics - 1925 - 404 pages
...the public interest, nor knows how much he is promoting it. . . . 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."* This doctrine is founded more 1 I., p. 290. 1 Book IV.,... | |
 | British Association for the Advancement of Science - Science - 1925 - 622 pages
...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.' * You observe how the very terms of the former treatise... | |
 | Herman Jansonius - Business - 1926 - 238 pages
...he shows that every individual, in promoting "domestick" industry, only 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... | |
 | Printing - 1926 - 430 pages
...gerechtigheid (natuurrecht) en politiek uit het oogpunt van nuttigheid: ekonomle. •) B. IV, Ch. IX. 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) Uit dit „led by an invisible hand" spreekt de metafysische... | |
 | Robert Harry Inglis Palgrave, Henry Higgs - Economics - 1926 - 886 pages
...prefer that employment [of his capital] which Is most advantageous to the society" (198, 2). "He is, as in many other cases, led by an invisible hand to promote an end which was no part of his intention ; " and it is the better served when he does not intend it:... | |
 | John Storck - Civilization - 1927 - 468 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 . . . [The study by every individual of his own advantage]... | |
 | Martin Gustav Glaeser - Public utilities - 1927 - 908 pages
...industry in such a manner as its produce may be of the greatest value, he intends only hia 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." Adam Smith, Wealth of Nationi, Thorold Rogers ed. (1880),... | |
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