 | Jerry Evensky - 2005 - 364 sider
...manufacturers, made production, not consumption, the national purpose. According to Smith, this is backward. 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 maxim is so perfectly self-evident, that it... | |
 | Robert Barry Carson, Wade L. Thomas, Jason Hecht - 2005 - 432 sider
...Issue 2 Consumer Welfare Is It Necessary to Protect the Consumer? Consumption is the sole end and the 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, 1 776 The upshot... | |
 | Jürgen G. Backhaus - 2005 - 400 sider
...start and end with consumers. Consumption is, according to Adam Smith, the sole end of all production. The interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer. Policies to strengthen the functioning of the... | |
 | Patricia Edgar - 2006 - 492 sider
...guilty pleasure, but I really enjoyed it!' How many Scotts are out there? 15 The Independent Producers '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.' —Adam Smith, 1723-1790 WHILE THE ABC WAS busy... | |
 | Hans-Joachim Stadermann, Otto Steiger - 2006 - 416 sider
...179l6), herausgegeben von E. Cannan, New York: Modern Library, 1937, Buch IV, Kapitel VIII, S. 625. „Consumption is the sole end and purpose of all...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... | |
 | Robert Langran, Martin Schnitzer - 2007 - 400 sider
...because consumption is supposed to he the basic rationale for economic activity. As Adam Smith said. "Consumption is the sole end and purpose of all production:...interest of the producer ought to be attended to only as far as it is necessary lor promoting that of the consumer."1 Production is the means: consumption... | |
 | A. Heertje - 2006 - 36 sider
...Pareto-optimaliteit geeft uitdrukking aan de uitspraak van Adam Smith in de derde druk van zijn Wealth of Nations, "Consumption is the sole end and purpose of all production; and the intent of the producer ought to be attended to, only so far as it may be necessary for promoting that... | |
 | Michael Shermer - 2008 - 346 sider
...than we ourselves can make it, better buy it of them."9 This is the core of Smith's economic theory: "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 problem is that the system of mercantilism... | |
 | Robert A. Degen - 2011 - 217 sider
...prices. Monopoly of one kind or another, indeed, seems to be the sole engine of the mercantile system. 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. ... But in the mercantile system, the interest... | |
 | Kent A. Van Til - 2007 - 193 sider
...participated in the market economy.19 Market production was always to be driven by consumer demand. For Smith, "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."20 This belief that the satisfaction of consumer... | |
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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. 
