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" ... the duty of erecting and maintaining certain public works and certain public institutions which it can never be for the interest of any individual, or small number of individuals, to erect and maintain, because the profit could never repay the expense... "
An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2 - Page 209
by Adam Smith - 1869
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An inquiry into the nature and causes of the wealth of nations. With a comm ...

Adam Smith - 1839 - 448 pages
...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should...
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An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 pages
...may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should...
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The Elements of Political Economy

Emile de Laveleye - Economics - 1884 - 332 pages
...number of individuals, to erect and maintain, because the profit could never repay the expense to them, though it may frequently do much more than repay it to a great society." ( Wealth of Nations, bk. iv. ch. ix. ad JLn.) Examples of such works and institutions are light-houses,...
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Life of Adam Smith

Richard Burdon Haldane Haldane (Viscount) - Economists - 1887 - 182 pages
...which it can never be for the interest of any individual, or small number of individuals, to erect and maintain, because the profit could never repay...repay it to a great society. The proper performance of these several duties of the sovereign necessarily supposes a certain expense, and this expense again...
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Life of Adam Smith

Richard Burdon Haldane Haldane (Viscount) - Economists - 1887 - 184 pages
...individuals, to erect and maintain, because the profit could never repay the expense to anyindividual, or small number of individuals, though it may frequently...repay it to a great society. The proper performance of these several duties of the sovereign necessarily supposes a certain expense, and this expense again...
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The Scottish Review, Volume 10

Scotland - 1887 - 506 pages
...number of individuals, to erect and maintain ; because the profit could never repay the expense of any individual, or small number of individuals, though it may frequently do much more than repay it to the great society.' The duties here enumerated, specially those we have italicised, leave a large margin...
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Grundlegung der theoretischen staatswirthschaft

Emil Sax - Economics - 1887 - 614 pages
...be in the highest degree advantageous to a great society, are, however, of such a nature, thattlie profit could never repay the expense to any individual, or small number of individuals, and which it thercfore cannot be expected that any individual should erect ormaintain." Man sieht:...
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Eclectic Magazine: Foreign Literature, Volume 48; Volume 111

John Holmes Agnew, Walter Hilliard Bidwell - 1888 - 916 pages
...institutions which it can never be for the interest of any individual or small number of individuals to erect and maintain ; because the profit could never repay...do much more than repay it to a great society." The State is required to protect us from other evils besides the evils of force and fraud — infectious...
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The Contemporary Review, Volume 54

Literature - 1888 - 950 pages
...institutions which it can never be for the interest of any individual or small number of individuals to erect and maintain : because the profit could never repay...do much more than repay it to a great society." The State is required to protect us from other evils besides the evils of force and fraud — infectious...
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Contemporary Socialism

John Rae - Political Science - 1891 - 532 pages
...institutions which it can never be for the interest of any imdividual or small number of individuals to erect and maintain ; because the profit could never repay...do much more than repay it to a great society." The State is required to protect us from other evils besides the evils of force and fraud — infectious...
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