 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 286by Thomas Thomson - 1855Full view - About this book
 | Jeremiah Joyce - 1880 - 274 pages
...it cannot, it is hurtful. The tailor does not make his own shoes, nor the shoemaker his own clothes. If a foreign country can supply us with a commodity cheaper than we can make it, better buy it with some part of the produce of our own industry employed in a way in which... | |
 | George Basil Dixwell - 1881 - 48 pages
...what it will cost him more to make than to buy," and that " 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 an article cheaper than we can make it ourselves, better buy it of them with some part of the produce... | |
 | 1881 - 642 pages
...clothes, but employs a tailor.' "He says, moreover, that, 'What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.' " Now, let us consider the case of two artisans or dealers, resident in the same town. The shoemaker... | |
 | Robert Andrew Macfie - 1881 - 190 pages
...ce trésor." . . . CC. OPINIONS OF ECONOMISTS. Clippings from Adam Smith's Wealth of Nations : — " If a foreign country can supply us with a commodity cheaper than Adam we ourselves can make it, better buy it of them with some part of the s produce of our own industry,... | |
 | Adam Smith - 1884 - 604 pages
...price of a part of it, whatever else they hare occasion for. What is prudence in the conduct of every private family, can scarce be folly in that of a great...country can supply us with a commodity cheaper than we /6urselres can make it, better buy it of them * with »me part of the produce of our own in^duiinr,... | |
 | H. W. Furber - 1884 - 540 pages
...not attempt to make his own clothes, but employs a tailor. What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom." The comparison of individuals with communities is often a faulty and deceptive one, and is particularly... | |
 | H. W. Furber - 1884 - 554 pages
...not attempt to make his own clothes, but employs a tailor. What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom." The comparison of individuals with communities is often a faulty and deceptive one, and is particularly... | |
 | David Ricardo, John Ramsay McCulloch - 1886 - 688 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 beina ahray* in proportion to the capital ichich employs it, will not... | |
 | John Elliott Cairnes - 1888 - 244 pages
...one nor the other, but employs those different artificers. . . . What is prudence in the conduct of a private family can scarce be folly in that of a great...ourselves can make it, better buy it of them with some 1 " Wealth of Nations," McCulloch's ed., 1850, p. 190. part of the produce of our own industry employed... | |
 | Edwin Burgis - 1895 - 276 pages
...demonstrate the wwsoundness of my argument. If you succeed, then I will say Amen to the Free Trade formula: ' If a foreign country can supply us with a commodity...we ourselves can make it, better buy it of them.' At the present time, I hold that Free Trade represents only the interests of the consumer, and that... | |
| |
