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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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Beiträge zur wirtschaftstheoretischen Fundierung ökologischer und sozialer ...

Karl Farmer - 2005 - 281 páginas
...of all their improvement. They are led by an invisible hand to inakc nearly the same distributions of the necessaries of life which would have been made had the earth bccn divided into equal proportions among all its inhabitants; and ihus. v\ithoui intending it, without...
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Passions in Economy, Politics, and the Media: In Discussion with Christian ...

Wolfgang Palaver, Petra Steinmair-Pösel - 2005 - 524 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 (Smith 1984, 184-85). But what happens to this economic logic when a...
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The Cambridge Companion to Adam Smith

Knud Haakonssen, Professor of Philosophy Knud Haakonssen - 2006 - 409 páginas
...wealth of the society that, although never equal, is as equitable as humanity can hope for: [The rich] 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. (TMS, IV.1.10) Just as government in the interests of the common good...
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Welfare, Incentives, and Taxation

James A. Mirrlees, Professor of Political Economy James Mirrlees - 2006 - 565 páginas
...selfishness and rapacity . . . they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same...divided into equal portions among all its inhabitants. (I Vi 1 0) This is far from the later conception of an economic equilibrium that is 'optimal' in Pareto's...
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The Bourgeois Virtues: Ethics for an Age of Commerce

Deirdre N. McCloskey - 2010 - 634 páginas
...Rousseau's notion that property brings inequality in its train. He therefore claims cheerily that the rich "are led by an invisible hand to make nearly the same...earth been divided into equal portions among all its inhabitants."18 The argument is Pope's trickledown — "Yet hence the poor are clothed, the hungry...
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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
...philosopher, 17231790 1 The rich . . . divide with the poor the produce of all their improvements. They a love that the winged seraphs of Heaven Coveted...7 (1849) 17 In her sepulchre there by the sea, In proportions among all its inhabitants. Theory of Moral Sentiments pt. 4, sec. 1 (1759). This usage...
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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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