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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... "
University of California Chronicle - Стр. 20
1921
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The Triumph of Capitalism

Robert A. Degen - 2011 - Страниц: 217
...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...effectually than when he really intends to promote it.28 A review of the economic literature of the early years of the nineteenth century suggests that...
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A Crowd of One: The Future of Individual Identity

John Clippinger - 2007 - Страниц: 272
...neither intends to 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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Catastrophes in Nature and Society: Mathematical Modeling of Complex Systems

Viktor Okhonin, Abram Il?ich Fet - 2007 - Страниц: 335
...that we can expect our dinner, but from their regard to their own interest". 1 ... "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..." [Smith, edition those who has ever smattered such planning....
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Smart Governance: Governing the Global Knowledge Society

Helmut Willke - 2007 - Страниц: 228
...even' individual actor is only interested in his or her egotistic advantage: » ... 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« (Smith 1965: 423). Coase offers a more mundane explanation...
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EC Electronic Communications and Competition Law

Mira Burri Nenova, Mira Burri - 2007 - Страниц: 396
...intends to 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". As cited by Patrick Van Cayseele and Roger Van den Bergh,...
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Project Train Wreck: Lessons from Failed Projects

John Langlois - 2007 - Страниц: 242
...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. By pursuing his own interest he frequently promotes that...
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The Mind of the Market: Compassionate Apes, Competitive Humans, and Other ...

Michael Shermer - 2008 - Страниц: 346
...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. By pursuing his own interest he frequently promotes that...
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Physics of Societal Issues: Calculations on National Security, Environment ...

David Hafemeister - 2007 - Страниц: 487
...neither intends to 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." [Adam Smith, The Wealth of Nations, 1776] "Famine seems...
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Teaching the Ethical Foundations of Economics

Jonathan B. Wight, John S. Morton - 2007 - Страниц: 210
...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." (Adam Smith, The Wealth of Nations, eds. RH Campbell and...
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Managing Complexity: Insights, Concepts, Applications

Dirk Helbing - 2007 - Страниц: 393
...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 ..." implying impressive efficiency and effectiveness in decision making [33]. Although it took nearly...
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