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" 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... "
Niles' National Register - Side 131
1819
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From Adam Smith to Michael Porter: Evolution of Competitiveness Theory

Dong-Sung Cho, Tong-sŏng Cho, Hwy-Chang Moon - 2000 - 252 sider
...family, never to attempt to make at home what it will cost him more to make than to buy. The laylor does not attempt to make his own shoes, but buys them of...not attempt to make his own clothes, but employs a taylor. The farmer attempts to make neither the one nor the other, but employs those different artificers.......
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The International Economy

Peter B. Kenen - 2000 - 628 sider
...family, never to attempt to make at home what it will cost him more to make than to buy. The taylor does not attempt to make his own shoes, but buys them of...not attempt to make his own clothes, but employs a taylor. . . . What is prudence in the conduct of every private family, can scarce be folly in that...
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Empowerment Through Economic Transformation

Meshack M. Khosa - 2001 - 498 sider
...family, never to attempt to make at home what it will cost him more to make than to buy. The taylor does not attempt to make his own shoes, but buys them of...not attempt to make his own clothes, but employs a taylor. The farmer attempts to make neither the one nor the other, but employs those different artificers....
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Reason and Revelation

Seena Fazel, John Danesh - 2002 - 272 sider
...advantage maximizes aggregate welfare and efficiency. As Adam Smith wrote in The Wealth of Nations: The shoemaker does 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...
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International Economic Law

Andreas F. Lowenfeld - 2003 - 838 sider
...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...employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
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International Relations in Political Thought: Texts from the Ancient Greeks ...

Chris Brown, Terry Nardin, Nicholas Rengger - 2002 - 634 sider
...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...employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
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Europe 1715-1919: From Enlightenment to World War

Shirley Elson Roessler, Reny Miklos - 2003 - 320 sider
...him more to make than to buy. The tailor does not attempt to make his own shoes, but buys them from a shoemaker. The shoemaker does not attempt to make...employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
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The Library of Original Sources: Volume VI (Advance in Knowledge 1650-1800)

Oliver J. Thatcher - 2004 - 466 sider
...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...employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - 260 sider
...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...employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their...
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John Elliot Cairnes: Collected Works, Volum 1

John Elliott Cairnes - 2004 - 312 sider
...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 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 kingdom....
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