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" Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. "
History of Economic Thought.. - Page 179
by Lewis Henry Haney - 1911 - 567 pages
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Property and Prophets: The Evolution of Economic Institutions and Ideologies

E. K. Hunt - Business & Economics - 2002 - 308 pages
...achievement of classical liberalism: Adam Smith's The Wealth of Nations, published in 1776. Smith believed that "every individual... [is] continually exerting...advantageous employment for whatever capital he can command" (Smith [1776] 1937, p. 421). Those without capital were always searching for the employment at which...
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Evolutionary Theory in the Social Sciences: Evolutionary social science

William M. Dugger, Howard J. Sherman - Business & Economics - 2003 - 328 pages
...of Economics, Vol. XIII. July, 1899. 1 1 Bonar, Philosophy and Political Economy, pp. 1 77, 1 78. 12 "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...
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The European Dream: How Europe's Vision of the Future is Quietly Eclipsing ...

Jeremy Rifkin - Business & Economics - 2004 - 449 pages
...own selfinterest. In An Inquiry into the Nature and Causes of the Wealth of Nations, Smith writes: 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,...
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The Classical Economists Revisited

Denis Patrick O'Brien - Business & Economics - 2004 - 458 pages
...humanity but to their self-love, and never talk to them of our own necessities but of their advantages. 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...
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The Library of Original Sources: Volume VI (Advance in Knowledge 1650-1800)

Oliver J. Thatcher - History - 2004 - 466 pages
...likely to be more advantageous to the society than that into which it would have gone of its own accord. Every individual is continually exerting himself to...advantageous employment for whatever capital he can demand. It is his own advantage, indeed, and not that of the society, which he has in view. But the...
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The Invisible Hand and the Common Good

Bernard Hodgson - Business & Economics - 2004 - 492 pages
...infallibly led to achieve the opposite of what they aim at, the good of society as a whole (emphases added): ...It is his own advantage, indeed, and not that of the society, which he [the capital investor] has in view. But the study of his own advantage naturally, or rather necessarily,...
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Social Europe: A Continent's Answer to Market Fundamentalism

Detlev Albers, Stephen Haseler, Henning Meyer - Business & Economics - 2006 - 224 pages
...economist, Adam Smith. In An Inquiry Into the Nature and Causes of the Wealth of Nations, Smith writes: 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,...
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of ...

Eric D. Beinhocker - Business & Economics - 2006 - 556 pages
...motive and competition would drive them to provide those goods and services as efficiently as possible: "Every individual is continually exerting himself...advantageous employment for whatever capital he can command."25 Smith argued that this pursuit of self-interest would in turn benefit society as a whole:...
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Religious Perspectives on Business Ethics: An Anthology

Thomas O'Brien, Scott Paeth - Business & Economics - 2007 - 390 pages
...wages those producers and workers who make good decisions. In 'ยก'lie llhi/f/i of Nations, Smith wrote: Every individual is continually exerting himself to...most advantageous employment for whatever capital he c.in command. It is his own advantage, indeed, and not that of the society which he has in view. But...
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The Place of Science in Modern Civilization

Thorstein Veblen - Business & Economics - 2007 - 521 pages
...Journal of Economics, Vol. XIII, July. 1899. 2 Bonar, Philosophy and Political Economy, pp. 177, 178. s " Every individual is continually exerting himself to...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...
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