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" ... senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. "
Which? Protection, Free Trade, Or Revenue Reform: A Collection of the Best ... - Сторінка 30
редактори - 1884 - 551 стор.
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Invisible Hand: The Wealth of Adam Smith

Andres Marroquin - 2002 - 164 стор.
...group competent to decide the economic good for the rest of us. On one facet of the matter, he wrote: The statesman, who should attempt to direct private...in what manner they ought to employ their capitals [sic], would not only load himself with a most unnecessary attention, but assume an authority which...
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The Culture of Capital: Property, Cities, and Knowledge in Early Modern England

Henry S. Turner - 2002 - 304 стор.
...intends to promote it." It is no surprise, then, that Smith goes on to denounce the presumption of "]t]he statesman, who should attempt to direct private...what manner they ought to employ their capitals," since individual self-interest is by definition both unknowable to anyone else and socially beneficial...
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No Virtue Like Necessity: Realist Thought in International Relations Since ...

Jonathan Haslam - 2002 - 260 стор.
...home-market to the produce of domestick industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation."67 Smith had a clear political...
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International Relations in Political Thought: Texts from the Ancient Greeks ...

Christopher Brown, Chris Brown, Terry Nardin, Nicholas Rengger - 2002 - 617 стор.
...market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation. If the produce of domestic...
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The History of Economic Thought: A Reader

Steven G. Medema, Warren J. Samuels - 2003 - 668 стор.
...market to the produce of" domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation. If the produce of domestic...
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Politics and Economics: An Essay on the Genesis of Economic Development

Rocco Pezzimenti - 2004 - 249 стор.
...well-calibrated than those of the political operator: "every individual, it is evident, can, in his local situation, judge much better than any statesman...employ their capitals, would not only load himself a most unnecessary attention, but assume an authority ... which would nowhere be so dangerous" (Smith,...
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The Bigness Complex: Industry, Labor, and Government in the American Economy ...

Walter Adams, James W. Brock - 1986 - 386 стор.
...freedom, according to the classical economists, was the best method for maximizing social welfare. "The statesman, who should attempt to direct private...what manner they ought to employ their capitals," wrote Smith, "would not only load himself with a most unnecessary attention, but assume an authority...
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Friedrich A. Hayek, Том 4

John Cunningham Wood, Robert D. Wood - 2004 - 488 стор.
...which the produce is likely to be of the greatest value, every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him. The statesman [would] assume an authority . . . which would nowhere be so dangerous as in the hands of a man who...
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On Adam Smith's Wealth of Nations: A Philosophical Companion

Samuel Fleischacker - 2009 - 352 стор.
...their capacity for good judgment will not be properly engaged. "[El very individual . . . can, in his local situation, judge much better than any statesman or lawgiver can do for him" (WN 456), but this crucial premise for the invisible hand holds only where the individual regards a...
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The Library of Original Sources: Volume VI (Advance in Knowledge 1650-1800)

Oliver J. Thatcher - 2004 - 460 стор.
...market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation. If the produce of domestic...
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