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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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Religious Perspectives on Business Ethics: An Anthology

Thomas O'Brien, Scott Paeth - Business & Economics - 2007 - 390 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 not part of his intention. M.uiy pastors from Smith's day down to our own time have...
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Capitalist Networks and Social Power in Australia and New Zealand

Georgina Murray - Political Science - 2006 - 272 pages
...correct? Are we to trust to the social responsibility of a businessman who seeks: 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...
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Underwriting: The Poetics of Insurance in America, 1722-1872

Eric Wertheimer - Literary Criticism - 2006 - 220 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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Liturgy, Time, and the Politics of Redemption

Randi Rashkover, C. C. Pecknold - Political Science - 2006 - 265 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 - 232 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, Michael Ravitch - Literary Collections - 2006 - 512 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 - 341 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. ( 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 - 556 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 - 244 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 - Biography & Autobiography - 2006 - 302 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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