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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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Liturgy, Time, and the Politics of Redemption

Randi Rashkover, C. C. Pecknold - Religion - 2006 - 254 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 the society that it was not...
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Documents of the Industrial Revolution 1750-1850: Select Economic And Social ...

Richard L. Tames - Business & Economics - 2005 - 194 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 the society that it was no...
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The English Reader: What Every Literate Person Needs to Know

Diane Ravitch - Literary Collections - 2006 - 486 pages
...trembling hope repose) The bosom of his Father and his God. ADAM SMITH 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. Adam Smith (1723-1790) was born at Kirkcaldy Scotland, and...
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Actual Ethics

James R. Otteson - Philosophy - 2006
...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. ( Wealth of Nations, P-456)13 Note that the argument is...
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of ...

Eric D. Beinhocker - Business & Economics - 2006 - 527 pages
...self-interest would in turn benefit society as a whole: "[The merchant] 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 that...
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Accounting Standards: True Or False?

R. A. Rayman - Business & Economics - 2006 - 230 pages
...'benevolence' of the shopkeeper; they can rely on his 'self-love'. 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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Liberty: God's Gift to Humanity

Chana B. Cox - Philosophy - 2006 - 285 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 the society that it was no...
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Greed, Inc: Why Corporations Rule Our World

Wade Rowland - Business & Economics - 2006 - 265 pages
...continues, asserting that in transactions of the marketplace the individual 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 the society that it was no...
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Popularklagen im Privatrecht: zugleich ein Beitrag zur Theorie der Verbandsklage

Axel Halfmeier - Law - 2006 - 422 pages
...the puhlick interest, nor knows how much he is promoting it [...] he intends only hisown 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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Beyond the Promised Land: The Movement and the Myth

David F. Noble - Business & Economics - 2005 - 214 pages
...as its produce may be of the greatest value, he intends only his own gain." Yet, Smith pointed out, "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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