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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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Living with Darwin : Evolution, Design, and the Future of Faith: Evolution ...

Philip Kitcher Professor of Philosophy Columbia University - Science - 2007 - 208 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 society that it is no part...
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Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity

William J. Baumol, Robert E. Litan, Carl J. Schramm - Business & Economics - 2007 - 321 pages
...industry in such a manner as its produce may be of the greatest value, be intends only bis owngain, and be 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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Modern Developments in Behavioral Economics: Social Science Perspectives on ...

John Malcolm Dowling, Chin-Fang Yap - Business & Economics - 2007 - 446 pages
...the public interest, nor know how much he is promoting it... He intends only his own gain, and his 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 worse for the society that was no part...
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Managing Complexity: Insights, Concepts, Applications

Dirk Helbing - Business & Economics - 2007 - 393 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 ..." implying impressive efficiency and effectiveness in decision making [33]. Although it took nearly...
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Richtiger Vertrag und lauterer Wettbewerb: eine grundlagenorientierte Studie ...

Matthias Leistner - Law - 2007 - 1145 pages
...such a manner as its produce may be of the greatest value, he intends only his own gain, and he is, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." (Hervorhebung des Verf.). 45 Smith, Wealth of Nations,...
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Impossible?: Surprising Solutions to Counterintuitive Conundrums

Julian Havil - Mathematics - 2008 - 235 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. By pursuing his own interest he frequently promotes that...
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Ethical Dimensions of the Economy: Making Use of Hegel and the Concepts of ...

Wilfried Ver Eecke - Business & Economics - 2008 - 304 pages
...industry in such a manner as its produce may be of the greatest value, he intends only his own aim, 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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Leadership and Business Ethics

Gabriel Flynn - Business & Economics - 2008 - 326 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.16 The implication of Smith's statement is that the self...
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The Art of Shrinking Heads: On the New Servitude of the Liberated in the Age ...

Dany-Robert Dufour - Business & Economics - 2008 - 186 pages
...much he is promoting it, he intends only his own security [. . .] 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 society that it was no part...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - Business & Economics - 2007 - 1467 pages
...industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and wx 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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