 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...  The 101 Greatest Business Principles of All Time - Page 10by Leslie Pockell, Adrienne Avila - 2007 - 128 pagesLimited preview - About this book
 | British Association for the Advancement of Science - 1925 - 622 pages
...such a manner as its produce may be of the greatest value,' though ' he intends only his own gain,' ' is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.' * You observe how the very terms of the former treatise... | |
 | Lionel Danforth Edie - 1926 - 832 pages
...society. 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 other cases, led hy an invisible hand to promote an end which was no part of his intention. Nor is it always the worse... | |
 | 1926 - 430 pages
...gerechtigheid (natuurrecht) en politiek uit het oogpunt van nuttigheid: ekonomle. •) B. IV, Ch. IX. is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention."1) Uit dit „led by an invisible hand" spreekt de metafysische... | |
 | Robert Harry Inglis Palgrave, Henry Higgs - 1926 - 886 pages
...prefer that employment [of his capital] which Is most advantageous to the society" (198, 2). "He is, as in many other cases, led by an invisible hand to promote an end which was no part of his intention ; " and it is the better served when he does not intend it:... | |
 | John Storck - 1927 - 468 pages
...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 other cases, led by an invisible hand to promote an end which was no part of his intention . . . [The study by every individual of his own advantage]... | |
 | Martin Gustav Glaeser - 1927 - 908 pages
...directing that industry in such a manner as its produce may be of the greatest value, he intends only hia 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 Nationi, Thorold Rogers ed. (1880),... | |
 | Charles Ryle Fay - 1928 - 490 pages
...43). . . . By directing that 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... | |
 | Stephen M. Best - 2010 - 375 pages
...individual necessarily labours to render the annual revenue of the society as great as he can.. .. 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" [259-62]). Wealth^ fabulation of human nature is famous... | |
 | Mark Olssen, John A Codd, Anne-Marie O'Neill - 2004 - 340 pages
...(1976b: 456) expresses it, in considering the choices of individuals, 'he intends only his own gain, as 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'. In this, collective prosperity and the harmony of the whole... | |
 | Samuel Fleischacker - 2009 - 352 pages
...their own gain rather than the good of their societies. In this context, Smith says that each merchant is "in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention" (WN 456). The vivid phrase he uses has been lifted from... | |
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