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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. "
The American Review of History and Politics, and General Repository of ... - Página 248
1811
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Wealth of Nations (Abridged)

Adam Smith, Laurence Dickey - 1993 - 352 páginas
...family, never to attempt to make at home what it will cost him more to make than to buy. The taylor does not attempt to make his own shoes, but buys them...shoemaker does not attempt to make his own clothes, but employs a taylor. The farmer attempts to make neither the one nor the other, but employs those different...
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Lauderdale's Notes on Adam Smith's Wealth of Nations

James Maitland Lauderdale, James Maitland Earl of Lauderdale, James Maitland of Lauderdale, James Maitland, Adam Smith - 1996 - 168 páginas
...foreign industry, the regulation is evidently useless. If it cannot, it must generally be hurtful. It is the maxim of every prudent master of a family,...what it will cost him more to make than to buy. The taylor [sic] does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker...
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The Theoretical Evolution of International Political Economy: A Reader

George T. Crane, Abla Amawi - 1997 - 337 páginas
...foreign industry, the regulation is evidently useless. If it cannot, it must generally be hurtful. It is the maxim of every prudent master of a family,...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...
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Principles of Microeconomics, Volumen 1

Nicholas Gregory Mankiw, N. Gregory Mankiw - 1998 - 488 páginas
...principle of comparative advantage. Here is how the great economist Adam Smith put the argument: It is a maxim of every prudent master of a family, never to...shoemaker does not attempt to make his own clothes but employs a tailor. The fanner attempts to make neither the one nor the other, but employs those different...
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Handbook of Contemporary Behavioral Economics: Foundations and Developments

Morris Altman - 2006 - 785 páginas
...be used in them. Chapter 1.4 Business Outreach Beyond the State The taylor does not attempt to mend his own shoes, but buys them of the shoemaker. The...shoemaker does not attempt to make his own clothes, but employs a taylor. —Adam Smith, 1776 Shanghai's high taxes and credit crunch harmed efforts to develop...
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The Origins of American Public Finance: Debates Over Money, Debt, and Taxes ...

Donald Stabile - 1998 - 208 páginas
...benefits of free trade had been spelled out by Adam Smith with his perception that a person should "never attempt to make at home what it will cost him more to make than to buy."7 In his example a tailor should not make his own shoes. This principle governed the division...
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The International Economy

Peter B. Kenen, Peter Bain Kenen - 2000 - 610 páginas
...to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation It is the maxim of every prudent master of a family,...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...
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From Adam Smith to Michael Porter: Evolution of Competitiveness Theory

Dong-Sung Cho, Hwy-Chang Moon - 2000 - 223 páginas
...governments that restricted the free flow of international trade. His famous passage is as follows: "It is the maxim of every prudent master of a family,...what it will cost him more to make than to buy. The laylor does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker does not...
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From Adam Smith to Michael Porter: Evolution of Competitiveness Theory

Tong-s?ong Cho, Hwy-Chang Moon - 2000 - 243 páginas
...governments that restricted the free flow of international trade. His famous passage is as follows: "// is the maxim of every prudent master of a family,...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...
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Early Histories of Economic Thought, 1824-1914: Types of economic theory

2000 - 329 páginas
...while selling there to the greatest advantage those things which it is exceptionally fitted to produce. "It is the maxim of every prudent master of a family...at home, what it will cost him more to make than to buy."1 In respect of the possibilities of practically applying these freetrade theories, however, Smith...
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