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" Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally,... "
Principles of Social and Political Economy, Or, The Laws of the Creation and ... - Page 78
by William Atkinson - 1858 - 645 pages
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A Text-book of Economics

Milton Briggs - Economics - 1921 - 552 pages
...wise control over industry. Economic Individualism was to him the essential condition of welfare. " Every individual is continually exerting himself to...own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him...
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Fiscal Policy in India

Pramathanath Banerjea - India - 1922 - 286 pages
...welfare not only of the individual, but also of society. " Every individual", according to Adam Smith, "is continually exerting himself to find out the most...own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage, naturally, or rather necessarily, leads him...
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Modern Economic History with Special Reference to Australia

Herbert Heaton - Australia - 1922 - 304 pages
...activity iu a way which produced the greatest benefit to society. Witness the following extract:— "Every individual is continually exerting himself...most advantageous employment for whatever capital he may command. It is his own advantage indeed, and not that of society, which he has in view; but the...
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The Control of Industry

Sir Dennis Holme Robertson - Capitalism - 1923 - 194 pages
...of the economic philosophies of the world. Hear first Adam Smith on the virtues of natural liberty. "Every individual is continually exerting himself...his own advantage indeed and not that of the society which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volume 34

Economics - 1924 - 812 pages
...quotation, choice sentences of Adam Smith — as, less frequently, of Ricardo. Smith had written thus : " Every individual is continually exerting himself to...own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather, necessarily, leads him...
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The Economic journal, Volume 34

1924 - 702 pages
...quotation, choice sentences of Adam Smith — as, less frequently, of Bicardo. Smith had written thus : " Every individual is continually exerting himself to...own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather, necessarily, leads him...
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Report of the ... Meeting of the British Association for the ..., Volume 94

British Association for the Advancement of Science - Science - 1925 - 622 pages
...quotation, choice sentences of Adam Smith — as, less frequently, of Ricardo. Smith had written thus : ' Every individual is continually exerting himself to...own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather, necessarily, leads him...
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Economics: Principles and Problems

Lionel Danforth Edie - Economics - 1926 - 832 pages
...appliances of the industrial system, but they make a pecuniary use of them. And in point of fact the less i "Every individual is continually exerting himself...whatever capital he can command. It is his own advantage and not that of society, which he has in view. But the study of his own advantage naturally, or rather...
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The Widening Retail Market and Consumers' Buying Habits

Northwestern University (Evanston, Ill.). School of Commerce. Bureau of Business Research, Horace Secrist - Clothing trade - 1926 - 212 pages
...power, or, in other words, by the extent of the market."2 In the market, as in all economic pursuits, "Every individual is continually exerting himself...advantageous employment for whatever capital he can command."3 He extended the benefits of division of labor to trade as well as to other pursuits. In...
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Schriften, Reden, Briefe: Das natürliche System der politischen Ökonomie

Friedrich List - Economics - 1927 - 676 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...out the most advantageous employment for whatever cap1tal he can command. It is bis own advantage, indeed, and not that of the society, which he has...
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