 | Richard B. McKenzie, Dwight R. Lee - 2006 - 651 стор.
...told us in the 1770s about the nature of the gains from trade: "It is a maxim of every prudent master, never to attempt to make at home what it will cost him more to make than to buy" (Smith 1937, 422). Cost savings in individual countries on producing any given output level necessarily... | |
 | Adam Smith - 2007 - 597 стор.
...can be brought there as cheap as that of foreign industry, the regulation is evidently useless. If rt cannot, it must generally be hurtful. It is the maxim...what it will cost him more to make than to buy. The taylor does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker does not... | |
 | Samuel Gregg - 2007 - 200 стор.
...lay in some areas rather others and began to engage in more extensive specialization. As Smith state It is the maxim of every prudent master of a family,...home what it will cost him more to make than to buy ... If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better... | |
 | Lall Ramrattan, Michael Szenberg - 2007 - 184 стор.
...survival will depend on the net benefits; in such a time frame, we expect Adam Smith's maxim to apply: "It is the maxim of every prudent master of a family,...home what it will cost him more to make than to buy" (Smith 1976, 456). For example, when Bethlehem Steel filed for bankruptcy in October 15, 2001, no one... | |
 | Mathias M. Siems - 2007 - 389 стор.
...international level, 95 Ricardo (1817/1973); see also Adam Smith (1776/1976: Vol. I, Book IV, Ch. II 422) ('It is the maxim of every prudent master of a family,...home what it will cost him more to make than to buy . . . What is prudence in the conduct of every private family, can scarce be folly in that of a great... | |
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It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. 
