 | 2000 - 724 sider
...point. While dealing largely with production, Smith started from the standpoint of the consumer: " Consumption is the sole end and purpose of all production,...producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." l Though sometimes overlooked or unexpressed,... | |
 | David L. Sills, Robert King Merton - 2000 - 466 sider
...government is influenced by shopkeepers. The Wealth of Nations (1776) 1937: Book 4, chap. 7, 579. 23 Consumption is the sole end and purpose of all production;...producer ought to be attended to. only so far as it may be necessary for promoting that of the consumer. The Wealth of Nations (1776) 1937:Book 4, chap.... | |
 | Kalman Goldberg - 2000 - 520 sider
...expanded production for the benefit of the state. For Smith, it was the well-being of the consumer. "Consumption is the sole end and purpose of all production:...producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." To achieve this goal, he advocated a "system... | |
 | Deirdre N. McCloskey - 2000 - 304 sider
...is good about specialization is that it allows more consumption, through trade. As Smith declared: "Consumption is the sole end and purpose of all production;...interest of the producer ought to be attended to, only as far as it may be necessary for promoting that of the consumer." By all means, shoemaker, stick to... | |
 | Mark Naftel, Lawrence J Spiwak - 2000 - 526 sider
...First", Washington Post, 24 Oct. 1997, at A21 (noting that Adam Smith concluded over 200 years ago: "Consumption is the sole end and purpose of all production, and the interests of producers ought to be attended to, only insofar as it may be necessary for promoting that... | |
 | Steven Dale Soderlind - 2001 - 502 sider
...national interest. Summarizing his views in The Wealth of Nations, published in 1776, Smith wrote: Consumption is the sole end and purpose of all production;...producer ought to be attended to only so far as it may be necessary for promoting that of the consumer. This maxim is so perfectly self-evident that it... | |
 | Aloys Prinz, Albert Eelke Steenge, Alexander Vogel - 2001 - 290 sider
...therefore applies the concept of 'consumer welfare' as his criterion to judge economic performance: 'Consumption is the sole end and purpose of all production;...producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.' Unfortunately, Smith explains, most producers... | |
 | Michael Armstrong - 2001 - 776 sider
...sell without any consideration being given to these fundamental truths: 'Consumption is the sole end purpose of all production; and the interest of the producer ought to be attended to only in so far as it may be necessary for promoting that of the consumer' (Adam Smith, The Wealth of Nations,... | |
 | George P. Brockway - 2001 - 494 sider
...concern. CONSUMPTION "Consumption is the sole end and purpose of all production," wrote Adam Smith, "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. The maxim is so perfectly self-evident, that it... | |
 | Richard R. Ellsworth - 2002 - 423 sider
...achieving the "happiness of all." Achieving this happiness meant working to provide more desired goods. "Consumption is the sole end and purpose of all production;...producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer."33 In essence, Adam Smith argues that happiness... | |
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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. 
