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" What is the species of domestic industry which his capital can employ, and of which the produce is likely to be of the greatest value, every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do... "
An Inquiry Into the Nature and Causes of the Wealth of Nations - Página 241
de Adam Smith - 1811
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Antitrust, the Market, and the State: The Contributions of Walter Adams

James W. Brock - 340 páginas
...Business Exemptions from the Antitrust Laws: Their Extent and Rationale "The statesman, who should attempt to direct private people in what manner they ought to employ their capitals," Adam Smith wrote, "would not only load himself with a most unnecessary attention, but assume an authority...
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Thorstein Veblen: Critical Assessments, Volumen 1

John Cunningham Wood - 1993 - 512 páginas
...with the mechanism of this unconscious cooperation are always bad. "The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could...
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A Christian Perspective on Political Thought

Stephen Charles Mott - 1993 - 349 páginas
...value much better than the public administrator or legislator. A government official who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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Adam Smith Goes to Moscow: A Dialogue on Radical Reform

Walter Adams, James W. Brock - 1994 - 184 páginas
...ADVISOR: Remember that Adam Smith, in the same "bible," also said that the "statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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Adam Smith: Critical Assessments, Volumen 3

John Cunningham Wood - 1993 - 664 páginas
...or knowledge could ever be sufficient" [651]. No "statesman" or council or senate could be trusted "to direct private people in what manner they ought to employ their capitals" [ 423 ] - no trust could be put in "the skill of that insidious and crafty animal, vulgarly called...
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The Useful Cobbler: Edmund Burke and the Politics of Progress

James Conniff - 1994 - 384 páginas
...economy. From a policy perspective, he thought the conclusion clear: "the statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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Adam Smith in His Time and Ours: Designing the Decent Society

Jerry Z. Muller - 1995 - 292 páginas
...situation, judge much better than any statesman or lawgiver can do for him. The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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Russian Economic Reform

James Leitzel, Jim Leitzel - 1995 - 203 páginas
...goods — the right goods, and made the right way. SOVIET ECON 101 The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could...
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Riches and Poverty: An Intellectual History of Political Economy in Britain ...

Donald Winch - 1996 - 452 páginas
...between employments according to individual and national advantage: The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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Lauderdale's Notes on Adam Smith's Wealth of Nations

James Maitland Earl of Lauderdale - 1996 - 184 páginas
...judge much better than any statesman or lawgiver can do for him. The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could...
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