 | Europe - 1811 - 558 pages
...folly, in that of a great kingdom. If a foreign " country, can supply us with a commodity, cheaper than we " ourselves can make 'it, better buy it of them...thereby be diminished, no more than " that of the above mentioned artificers; but only left to find " out the way in which it can be employed to the... | |
 | Adam Smith - Economics - 1811 - 544 pages
...produce of our own induftry, employed h1 a way in which we have fome advantage. The general induftry of the country, being always in proportion to the capital which employs it, will not thereby be diminifhed, no more than that of the above-mentioned artificers ; but only left to find out the way... | |
 | Europe - 1812 - 500 pages
...folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry."*" The general labour of a country does not depend on the celerity or slowness of the returns of commercial... | |
 | Charles Ganilh - Comparative economics - 1812 - 504 pages
...folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry."* If it be the interest of a nation to purchase from a foreign country when that country sells cheaper;... | |
 | English literature - 1815 - 698 pages
...to be had: "If a foreign country" (says Dr.' Smith*) " can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with...of our own industry, employed in a way in which we iave some advantage ;" it is thus only that the general good of the State is consulted, and its labour... | |
 | 1819 - 652 pages
...-with some part of the produce tor's attention; for Uie acknowieged goodness and of our o-jin country employed in a way in which we have some advantage. «The general industry of the country being in proportion to the capital which employs it, will not thereby be diminished, any more than that of... | |
 | Mathew Carey - Free trade - 1820 - 312 pages
...a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy of them, with some part of the produce of our own...employed in a way in which we have some advantage." The only rational mode of testing the correctness of any maxim or principle is, to examine what have been... | |
 | David Ricardo - Economics - 1821 - 566 pages
...general doctrines on this subject. " If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with...which employs it, will not thereby be diminished, but only left to find out the way in which it can be employed with the greatest advantage." Again.... | |
 | J. C. Ross - Economics - 1827 - 486 pages
...ourselves can produceor manufacture it, better buy it from thence, with a part of the produce of our industry, employed in a way in which we have some...advantage. The general industry of the country, being in proportion to the capital which employs it, will not thereby be diminished, but rather employed... | |
 | Willard Phillips - Economics - 1828 - 286 pages
...advantage over his neighbours." So, " if a foreign country can supply us with a commodity cheaper than we can make it, better buy it of them with some part...employed in a way in which we have some advantage." And then it is repeated that the general industry is always in proportion to the capital, and that... | |
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What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of... 
