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" 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 safely be trusted, not only to no single... "
The Collected Works of Dugald Stewart - Seite 26
von Dugald Stewart - 1856
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A Conflict of Visions: Ideological Origins of Political Struggles

Thomas Sowell - 2002 - 308 Seiten
...attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it.41 The marketplace was only one of a number of evolved systemic processes for making decisions....
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Public Finance and Public Policy: Responsibilities and Limitations of Government

Arye L. Hillman - 2003 - 780 Seiten
...capitals, would . . . assume an authority which could be safely trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it. (Smith, 1776/1937, p. 423) Adam Smith was here remarking on the vanity, and the dangers to society,...
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Classical Macroeconomics: Some Modern Variations and Distortions

James C. W. Ahiakpor - 2003 - 278 Seiten
...trusted, not only to no single person, but to no counsel or senate whatever, and which would no-whcre be so dangerous as in the hands of a man who had folly...presumption enough to fancy himself fit to exercise it. (Smith WN, 1:478) To a considerable degree, subsequent classical writers followed Smith's explanation...
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On Adam Smith's Wealth of Nations: A Philosophical Companion

Samuel Fleischacker - 2009 - 352 Seiten
...unnecessary attention, but assume an authority which could be trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it. (WN 456) [Under the system of natural liberty, elvery man, as long as he does not violate the laws...
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Biography of a Subject: An Evolution of Development Economics

Gerald M. Meier - 2004 - 264 Seiten
...attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it. (1776: bk. 4, ch. 2) David Hume, however, had argued in A Treatise on Human Nature (1739) that a large...
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Taming the Sharks: Towards a Cure for the High-cost Credit Market

Christopher L. Peterson - 2004 - 470 Seiten
...attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it.15 Thus, in this view there is a presumption against government interference in each individual's...
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International Law And Sustainable Development: Principles And Practice

Nico J. Schrijver, Friedl Weiss - 2004 - 750 Seiten
...attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would...presumption enough to fancy himself fit to exercise it.'21 In a Theory of Justice the invisible hand of the market coordinates the conduct of individuals...
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The Bigness Complex: Industry, Labor, and Government in the American Economy ...

Walter Adams, James W. Brock - 1986 - 386 Seiten
...most unnecessary attention, but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous...presumption enough to fancy himself fit to exercise it." 3 Not the state, but the free play of market forces should determine the kinds and quantities of goods...
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Friedrich A. Hayek, Band 4

John Cunningham Wood, Robert D. Wood - 2004 - 494 Seiten
...most unnecessary attention, but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous...presumption enough to fancy himself fit to exercise it — Adam Smith'. (Hayek, 1976, page 56). 39 The common features of all collectivist systems may be...
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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - 260 Seiten
...trusted, not only to no single person but to no council or senate whatever, and which would nowhere be dangerous as in the hands of a man who had folly and...himself fit to exercise it. To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure...
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