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" The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable delusions, and for the proper performance of which no human wisdom or knowledge could ever be sufficient; the duty of superintending... "
Readings in Industrial Society: A Study in the Structure and Functioning of ... - Side 1019
av Leon Carroll Marshall - 1918 - 1082 sider
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The Wealth of Ideas: A History of Economic Thought

Alessandro Roncaglia - 2006 - 596 sider
...rules supported by public intervention and public institutions. As a general rule (ibid., pp. 687-8): According to the system of natural liberty, the sovereign has only three duties to attend to [. . .] : first, the duty of protecting the society from the violence and invasion of other independent...
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Actual Ethics

James R. Otteson - 2006 - 341 sider
...other man, or order of men. The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable...performance of which no human wisdom or knowledge could ever 13 Smith continues: "Nor is it always the worse for the society that it was no part of it [ie, his...
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Revisiting Waldo's Administrative State: Constancy and Change in Public ...

David H. Rosenbloom, Howard E. McCurdy - 2006 - 252 sider
...competitive pressures of the marketplace. Adam Smith made a similar point in the Wealth of Nations: According to the system of natural liberty, the sovereign has only three duties to attend to ... first, the duty of protecting the society from the violence and invasion of other independent societies;...
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Enlightening Revolutions: Essays in Honor of Ralph Lerner

Svetozar Minkov, Stéphane Douard - 2006 - 416 sider
...from the duty of "superintending the industry of private people" according to his judgment, a duty "for the proper performance of which no human wisdom or knowledge could ever be sufficient" ( Wealth of Nations lV.ix.5 1 , 687).2 Less famous, but no less revolutionary, is Smith's defense of...
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Anarchy And the Law: The Political Economy of Choice

Edward Stringham - 2007 - 718 sider
...other man, or order of men. The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable...the employments most suitable to the interest of the society.28 Molinari was to use Smith's two concepts — the spontaneous order of the market and the...
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Ethical Dimensions of the Economy: Making Use of Hegel and the Concepts of ...

Wilfried Ver Eecke - 2008 - 304 sider
...other man, or order of man. The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable...employments most suitable to the interest of the society. (Smith, 687) If one accepts the notion that the ideal concept of "private good" requires allowing the...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - 2007 - 1476 sider
...other man, or order of men. The sovereign is completely discharged from a duty, in the attempting to interests of the society. According to the system of natural liberty, the sovereign has only three...
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