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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... "
A Biographical Dictionary of Eminent Scotsmen - Page 286
by Thomas Thomson - 1855
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Niles' National Register, Volume 16

1819 - 652 pages
...have occasion for. «•That which is prudence in the conduct of evafy private family, can scarcely be folly in that of a great kingdom. If a foreign country can supply its try in these branches, they make for them -wives an'l families, a comfortable subsistence. They...
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Addresses of the Philadelphia Society for the Promotion of National Industry

Mathew Carey - 1820 - 312 pages
...the main proposition which we at present combat, and to which we here confine ourselves, is, that, " If 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 industry, employed in a way in which we have some...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 560 pages
...ourselves. But this opinion of Adam Smith is at variance with all his general doctrines on this subject. " If a foreign country can supply us with a commodity...employed in a way in which we have some advantage. The general industry of the country being always in proportion to the capital which employs it, will not...
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A History of the British Empire: From the Accession of Charles I ..., Volume 1

George Brodie - 1822 - 570 pages
...price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family, can scarce be folly in that of a great...employed in a way in which we have some advantage. The general industry of the country being always in proportion to the capital which employs it, will not...
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An Examination of Opinions Maintained in the "Essay on the Principles of ...

J. C. Ross - 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...
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A Manual of Political Economy: With Particular Reference to the Institutions ...

Willard Phillips - 1828 - 286 pages
...interest to employ his whole industry in a way in which he has some 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 of the produce of our own industry, employed in a...
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The Foreign quarterly review [ed. by J.G. Cochrane]., Volume 15

John George Cochrane - 1835 - 526 pages
...price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." The fact stated by Mr. Rae shows that this rule, like most others, is liable to exceptions. Where the...
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The Foreign Quarterly Review, Volume 15

1835 - 520 pages
...price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." We may leave our author in calm possession of this conclusion. It turns, however, upon this, that in...
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An inquiry into the nature and causes of the wealth of nations. With a comm ...

Adam Smith - 1836 - 538 pages
...price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family, can scarce be folly in that of a great...employed in a way in which we have some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1838 - 476 pages
...they have occasion for. What is prudence in the concVct of every private family, can scarce bf ¿oily in that of a great kingdom. If a foreign country can...ourselves can make it, better buy it of them with «ome part of the produce of our own industry, employed in a way in which we have M>me advantage. The...
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