| Daniel Breazeale, Tom Rockmore - 2006 - 192 páginas
...conspiratorial hypothesis at the heart of his economic theory, namely that people 'of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public'.6 Despite all this, conservatives are unlikely to be convinced by the Left's denials that it... | |
| Marie-Laure Djelic, Kerstin Sahlin-Andersson - 2006 - 392 páginas
...types of obstacles. Market players themselves could introduce disruption and "people of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public or in some contrivance to raise prices" (Smith 1999: I, x, 232). This part of Smith's argument... | |
| Damian Hine, John Kapeleris - 2006 - 269 páginas
...mercantilist, the merchant class. His distrust is evident in his passage, 'people of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices' (Smith 1776 [1986]). The forerunner of the modern-day... | |
| David F. Prindle - 2006 - 398 páginas
...production in order to pump up their own profits. Smith's observation that "people of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices," becomes, for Veblen, the central principle of the... | |
| George Djolov - 2006 - 354 páginas
...is no different to what Smith ([1812] 1937, p. 116) described, namely that: People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by... | |
| United States. Congress. Senate. Committee on the Judiciary - 2006 - 164 páginas
...Thank you, Mr. Chairman, Ranking Member Leahy. Adam Smith wrote this in 1776: "People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public or in some contrivance to raise prices." That is why we passed antitrust laws. But in insurance,... | |
| Robert C. Feenstra, Gary G. Hamilton - 2006 - 476 páginas
...fully agreeing with the aphorism of Adam Smith in the "Wealth of Nations that "People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices," 5 but are revising this to a context where business... | |
| Meir Perez Pugatch - 2006 - 389 páginas
...quality is hardly surprising, nor is the idea new. As Adam Smith pointed out: People of the same trade seldom meet together, even for merriment and diversion,...the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by... | |
| Martyn D. Taylor - 2006 - 49 páginas
...should not be underestimated. As Adam Smith cynically commented in 1776: 'People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in conspiracy against the public, or in some contrivance to raise prices'.33 With this in mind, competition... | |
| John E. Hill - 2007 - 290 páginas
...monopoly.1'' Smith had no faith that businessmen believed in the free market. "People of the same trade seldom meet together, even for merriment and diversion,...publick, or in some contrivance to raise prices." Wealth of Nations contains repeated criticisms of "the wretched spirit of monopoly."40 Very early in... | |
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