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" They are led by an invisible hand to make nearly the same distribution of the necessaries of life which would have been made had the earth been divided into equal portions among all its inhabitants ; and thus, without intending it, without knowing it,... "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 25
editado por - 2007 - 352 páginas
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The Roman Predicament: How the Rules of International Order Create the ...

Harold James - 2006 - 166 páginas
...commercial but unequal society acceptable. "The rich . . . consume little more than the poor. . . . They are led by an invisible hand to make nearly the same...earth been divided into equal portions among all its inhabitants."23 In the Wealth of Nations, there is no analogous passage. Instead, in the Wealth of...
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Enlightening Revolutions: Essays in Honor of Ralph Lerner

Ralph Lerner, Svetozar Minkov, Stéphane Douard - 2006 - 399 páginas
...individual actions motivated by individual self-interested ends. The result in this case is that the rich "are led by an invisible hand to make nearly the same...earth been divided into equal portions among all its inhabitants."23 While invoking the invisible hand, Smith is careful to explain the mechanisms by which...
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The Yale Book of Quotations

Fred R. Shapiro - 2006 - 1067 páginas
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Democratic Society and Human Needs

Jeff Noonan - 2006 - 288 páginas
...insatiable desires, they divide with the poor the 43 Ibid-. 349produce of all their improvements. They are led by an invisible hand to make nearly the same...have been made had the earth been divided into equal portions."15 Why a division of the earth into equal portions would yield the gross asymmetries of wealth...
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Economics Confronts the Economy

Philip A. Klein - 2006 - 396 páginas
...that Smith uses the invisible hand in a second sense later in the same paragraph when he writes, 'They are led by an invisible hand to make nearly the same distribution of the necessaries of life,' (quoted p. 138) as would have been made had distribution been equal to all. The first use prevents...
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The Internet in China: Cyberspace and Civil Society

Zixue Tai - 2006 - 320 páginas
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Paranoia and Modernity: Cervantes to Rousseau

John Farrell - 2006 - 341 páginas
...vain and insatiable desires, they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same distribution of the necessities of life, which would have been made, had the earth been divided into equal portions among...
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Evaluating Adam Smith: Creating the Wealth of Nations

Willie Henderson - 2006 - 164 páginas
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The Human Rights Reader: Major Political Essays, Speeches, and Documents ...

Micheline Ishay - 2007 - 559 páginas
...vain and insatiable desires, they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same...the interest of the society, and afford means to the multiplication of the species. When providence divided the earth among a few lordly masters, it neither...
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Paradoxes of Political Ethics: From Dirty Hands to the Invisible Hand

John M. Parrish - 2007
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