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
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| |