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Adam Smith Alexander Smart appetite bread century chapter competition conscious consumer consumption demand Distribution of Income duty earn Economic Annals economist Edward Caird employer employing employment fact factor of production give happy honour hope houses idea increase of wealth industry inequality interest John Ruskin labour and capital lecture living Lord George Hamilton machine machine-tenders machinery Macmillan man's means ment mills monopoly municipal nation natural never nomic numbers ordinary organisation perhaps Political Economy Poor Law Commission position possible poverty professions Professor Smart profit question realised recognised responsibility rich Ruskin Second Thoughts selfish share social Society of Glasgow spend suggest theory things Thomas Hill Green tion to-day Trade Unionism University University of Glasgow unskilled wages wants waste weeding-out whole William Smart workers worth
Сторінка 7 - He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. ... 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 other cases, led by an invisible hand to promote an end which was no part of his intention.
Сторінка 130 - But it will serve to give some definiteness to our ideas, if we consider here what are the necessaries for the efficiency of an ordinary agricultural or of an unskilled town labourer and his family, in England, in this generation. They may be said to consist of a well-drained dwelling with several rooms, warm clothing, with some changes of underclothing, pure water, a plentiful supply of cereal food, with a moderate allowance of meat and milk, and a little tea, etc., some education and some recreation,...
Сторінка xv - I simply cannot paint, nor read, nor look at minerals, nor do anything else that I like, and the very light of the morning sky...
Сторінка 5 - To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should ever be established in it.
Сторінка 7 - 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 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 part of it. By pursuing his own interest he frequently promotes that of the society more effectually...
Сторінка xv - London — has become hateful to me, because of the misery that I know of, and see signs of, where I know it not, which no imagination can interpret too bitterly.
Сторінка 70 - By nature a philosopher is not in genius and disposition half so different from a street porter, as a mastiff is from a greyhound, or a greyhound from a spaniel, or this last from a shepherd's dog.
Сторінка 88 - I replied, there is laid up a pattern of it, methinks, which he who desires may behold, and beholding, may set his own house in order. But whether such an one exists, or ever will exist in fact, is no matter; for he will live after the manner of that city, having nothing to do with any other.