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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 Moral & Social Significance of the Conception of Personality

Arthur George Heath - 1921 - Страниц: 176
...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, Wealth of Nations, i. 421 (ed. Cannan)....
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Modern Economic History with Special Reference to Australia

Herbert Heaton - 1922 - Страниц: 304
...directing industry in such a manner that its product may be of the greatest value, but 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 hisintention. ' ' This being so, then free competition, the rule of self-interest,...
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Representative Government and a Parliament of Industry: A Study of the ...

Herman Finer - 1923 - Страниц: 298
...by directing that industry in such a manner as its produce may be of 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...
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The Foundations of the Modern Commonwealth

Arthur Norman Holcombe - 1923 - Страниц: 536
...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 Foundations of the Modern Commonwealth

Arthur Norman Holcombe - 1923 - Страниц: 522
...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 v' hand to promote an end which was no part of his intention. By pursuing his own interest he frequently...
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The Trend of Economics

Morris Albert Copeland - 1924 - Страниц: 584
...to the society"; somehow there is coordination of specialists. To Adam Smith it seemed, indeed, that "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. " If we may make a substitution for the "unseen hand," we...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Том 34

1924 - Страниц: 812
...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." 1 You observe how the very terms of the former treatise...
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The Economic journal, Том 34

1924 - Страниц: 702
...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." 1 You observe how the very terms of the former treatise...
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Who Should Have Wealth: And Other Papers

George Milton Janes - 1925 - Страниц: 188
...moreover, believed that a man seeking his own interest is "led by an invisible hand to promote an end which was no part of his intention. Nor is it always...effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good." Such philosophy,...
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Some Aspects of the Inequality of Incomes in Modern Communities

Hugh Dalton Baron Dalton - 1925 - Страниц: 404
...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."* This doctrine is founded more 1 I., p. 290. 1 Book IV.,...
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