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adam smith

Essay specific features

 

Issue:

History

 

Written by:

Derek J

 

Date added:

July 26, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3531

 

Was viewed:

4614 times

 

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Essay content:

He generally indeed neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it...
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By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good."(The Wealth of Nations). Government:- § "All systems either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord...
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