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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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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - 247 стор.
...home-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 this produce of domestic...
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The Cambridge History of Eighteenth-Century Political Thought, Том 1

Lecturer in History and Fellow Mark Goldie - 2006 - 919 стор.
...optimal distribution of the working population between employments that were f1rmly repudiated by Smith: The statesman, who should attempt to direct private people in what manner they ought to employ the1r capital, would not only load himself with a most unnecessary attention, but assume an authority...
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Beyond the Promised Land: The Movement and the Myth

David F. Noble - 2005 - 214 стор.
...about the investment of capital should be left to "every individual" who, "it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him." Thus there should be no "attempt to direct private people in what manner they ought to employ their...
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Reclaiming Development in the World Trading System

Yong-Shik Lee - 2006
...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" Adam Smith, supra note 178. Nonetheless, this conventional wisdom has been doubted by many, as expressed...
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Enlightening Revolutions: Essays in Honor of Ralph Lerner

Ralph Lerner, Svetozar Minkov, Stéphane Douard - 2006 - 399 стор.
...Regarding how best to invest capital, he argues that "every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him" (IV. ii. 10, 456). Regarding laws that either "prohibited the manufacturer from exercising the trade...
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Compass of Society: Commerce and Absolutism in Old-regime France

Henry C. Clark - 2007 - 389 стор.
...primacy of local knowledge is a theme oft-repeated in Smith's work. "Each individual. . . can, in his local situation, judge much better than any statesman or lawgiver can do for him," he writes in one place. "It is the highest impertinence and presumption ... in kings and ministers,...
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Globalization and International Political Economy: The Politics of ...

Mark Rupert, M. Scott Solomon - 2006 - 175 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 English Reader: What Every Literate Person Needs to Know

Diane Ravitch - 2006 - 486 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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Actual Ethics

James R. Otteson - 2006
...which the produce is likely to be 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."10 The argument is that because you know your own circumstances — including your own talents...
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Distressed US Industries in the Era of Globalization

Lall Ramrattan, Michael Szenberg - 2007 - 165 стор.
...Do such zero-sum scenarios exist today? To Adam Smith "every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him" (Smith 1976, 456). With free-trade, workers in an import-impacted industry experience lower pay and...
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