 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
 | Charles Ryle Fay - Great Britain - 1928 - 488 pages
...industry in such a manner as its produce may be of the greater 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 (I. 421). Adam Smith had certainly a powerful principle to... | |
 | United States - 1921 - 498 pages
...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... | |
 | Mark Mattern - Political ethics - 2006 - 486 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... | |
 | Guido Pincione, Fernando R. Tesón - Philosophy - 2006 - 249 pages
...promote 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. 42 Invisible-hand explanations are opaque, counterintuitive.... | |
 | Ronald J. Baker - Business & Economics - 2010 - 402 pages
...industry in such a manner as its produce may be of the greatest value, he intends only his own gain. He is in this, as in many other cases, led by an invisible hand to promote and end which was no part of his intention. ...By pursuing his own interest he frequently promotes... | |
 | Tom Siegfried - Science - 2006 - 272 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."5 In fact, Smith's ideas about a free-market economy were... | |
 | Virpi Mäkinen - Religion - 2006 - 284 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... | |
 | H. Lee Martin - Business & Economics - 2006 - 256 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. — Adam Smith, Wealth of Nations Adam Smith published his... | |
 | Jason B. Jones - Literary Criticism - 2006 - 148 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 that... | |
 | James A. Mirrlees - Business & Economics - 2006 - 588 pages
...manner as its produce may be of the greatest value, [every 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. (IV, Chapter II) This says nothing about possible advantage... | |
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