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" They are led by an invisible hand to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants, and thus without intending it, without knowing it,... "
The Economic Journal: The Quarterly Journal of the Royal Economic Society - Сторінка 428
1924
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An End to Poverty?: A Historical Debate

Gareth Stedman Jones - 2005 - 278 стор.
...the ways in which it channelled the expenditure of the rich. For, according to Smith, it led the rich 'to make nearly the same distribution of the necessaries...earth been divided into equal portions among all its inhabitants'.51 For Smith, in other words, the progress of 'natural liberty' stood in place of a politics...
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Economics and Happiness: Framing the Analysis

Luigino Bruni, Pier Luigi Porta - 2005 - 380 стор.
...they divide with the poor the product of all their improvements. They are led by an invisible hand to make nearly the same distribution of the necessaries...have been made, had the earth been divided into equal portion among all its inhabitants, and thus without intending it, without knowing it, advance the interest...
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Capitalism's Achilles Heel: Dirty Money and How to Renew the Free-Market System

Raymond W. Baker - 2005 - 288 стор.
...improvements. They are led by an invisible hand to make nearly the same distribution of the necessities of life which would have been made had the earth been divided into equal portions among all its inhabitants.27 He repeated the term, again just once, in the nearly 600 pages of Wealth of Nations'....
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Beiträge zur wirtschaftstheoretischen Fundierung ökologischer und sozialer ...

Karl Farmer - 2005 - 281 стор.
...of all their improvement. They are led by an invisible hand to inakc nearly the same distributions of the necessaries of life which would have been made had the earth bccn divided into equal proportions among all its inhabitants; and ihus. v\ithoui intending it, without...
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Passions in Economy, Politics, and the Media: In Discussion with Christian ...

Wolfgang Palaver, Petra Steinmair-Pösel - 2005 - 524 стор.
...they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same distribution of the necessaries...afford means to the multiplication of the species (Smith 1984, 184-85). But what happens to this economic logic when a society grows richer and more...
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The Cambridge Companion to Adam Smith

Knud Haakonssen, Professor of Philosophy Knud Haakonssen - 2006 - 409 стор.
...1881), pp. sympathy contributes to the wealth of nations, for the rich are led by an invisible hand to make nearly the same distribution of the necessaries...afford means to the multiplication of the species. (TMS, IV.1.10) This is the language of consolation. Most human endeavor is not aimed at procuring real...
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Welfare, Incentives, and Taxation

James A. Mirrlees, Professor of Political Economy James Mirrlees - 2006 - 565 стор.
...they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same distribution of the necessaries...divided into equal portions among all its inhabitants. (I Vi 1 0) This is far from the later conception of an economic equilibrium that is 'optimal' in Pareto's...
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Enlightening Revolutions: Essays in Honor of Ralph Lerner

Ralph Lerner, Svetozar Minkov, Stéphane Douard - 2006 - 399 стор.
...individual self-interested ends. The result in this case is that the rich "are led by an invisible hand to make nearly the same distribution of the necessaries...earth been divided into equal portions among all its inhabitants."23 While invoking the invisible hand, Smith is careful to explain the mechanisms by which...
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The Bourgeois Virtues: Ethics for an Age of Commerce

Deirdre N. McCloskey - 2010 - 634 стор.
...brings inequality in its train. He therefore claims cheerily that the rich "are led by an invisible hand to make nearly the same distribution of the necessaries...earth been divided into equal portions among all its inhabitants."18 The argument is Pope's trickledown — "Yet hence the poor are clothed, the hungry...
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The Roman Predicament: How the Rules of International Order Create the ...

Harold James - 2006 - 166 стор.
...acceptable. "The rich . . . consume little more than the poor. . . . They are led by an invisible hand to make nearly the same distribution of the necessaries...earth been divided into equal portions among all its inhabitants."23 In the Wealth of Nations, there is no analogous passage. Instead, in the Wealth of...
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