...laissez-faire capitalist ideology that was to follow: Every individual is continually exerting himself to find the most advantageous employment for whatever capital...command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally, or rather necessarily,...

...quantity theory and the wages-fund. Notes 1. Bonar, Philosophy and Political Economy, pp. 177, 178. 2. "Every individual is continually exerting himself...whatever capital he can command. It is his own advantage, and not that of the society, which he has in view. But the study of his own advantage naturally, or...

...of socialism, if one has in mind the individualist capitalism made famous by Adam Smith. He wrote: Every individual is continually exerting himself to find out the most advantageous employment of whatever capital he can command. It is his own advantage, indeed, and not that of society which...

...Adam Smith the advantages of deregulation were based on his observation of human behaviour: Everv' individual is continually exerting himself to find...command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage, naturally, or rather necessarily,...

...proper without injury to his neighbour, is a plain violation of this most sacred property' (I, 10). 'Every individual is continually exerting himself...command. It is his own advantage indeed and not that of society which he has in view. But the study of his own advantage naturally, or rather necessarily,...

...perhaps even compelled - to view one's abilities as alienable and thus to stand at a distance from them. "Every individual is continually exerting himself...advantageous employment for whatever capital he can command" by means of the "study of his own advantage" (HWIV.ii.4). One is led to look upon one's work and oneself...

...individual" — every physician, pharmacist, and professor, as much as every butcher, brewer, and baker — "is continually exerting himself to find out the most...indeed, and not that of the society, which he has in view."7 Scholars have struggled with the 'Adam Smith Problem": How can the theme of relentless self-seeking...

...personal and social interest is the cornerstone of the liberalist creed. "Every individual," Smith said, "is continually exerting himself to find out the most...whatever capital he can command. It is his own advantage . . . which he has in view. But the study of his own advantage, naturally, or rather necessarily leads...

...of men propose and wish to better their condition (Smith [1776] 1937, book II, chap. Ill, 324-25). Every individual is continually exerting himself to...and not that of the society, which he has in view (Smith [1776] 1937, book IV, chapter II, 421). 2. On the propensity to trade [A] certain propensity...

...There is in the following quotations the key to understanding the basic passages of the Declaration: Every individual is continually exerting himself to...command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally, or rather necessarily...