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Adam Smith advantage affection afterwards appeared attention Britain called chapter colonial commerce considered course criticism death doctrine doubt Duke duties economic Edinburgh edition empire England English equal established Europe foreign France French give Glasgow happiness House human Hume Hume's Hutcheson idea important industry interest John justice labour Languedoc later learning leave lectures letter lived London Lord means mind Moral Moral Sentiments natural never objects observed once opinion original pass perhaps philosopher political principles probably produce Professor published reason regard says Scotland seems society Stewart theory things thought tion took town trade truth University Wealth of Nations whole write wrote young
Página 195 - 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 our own industry, employed in a way in which we have some advantage.
Página 195 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. The tailor does not attempt to make his own shoes, but buys them of the shoemaker. The shoemaker does not attempt to make his own clothes, but employs a tailor.
Página 198 - Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.
Página 170 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Página 136 - Greece as they please," wrote Hume from Paris, " but no nation was ever so proud of genius as this, and no person ever so much engaged their attention as Rousseau ! Voltaire and everybody else are quite eclipsed by him.
Página 169 - But this proportion must in every nation be regulated by two different circumstances; first by the skill, dexterity and judgment with which its labour is generally applied; and secondly, by the proportion between the number of those who are employed in useful labour, and that of those who are not so employed.
Página 153 - I am mortally sick at sea, and regard with horror and a kind of hydrophobia the great gulph that lies between us. I am also tired of travelling, as much as you ought naturally to be of staying at home. I therefore propose to you to come hither, and pass some days with me in this solitude. I want to know what you have been doing, and...