 | Vermont. Department of Agriculture - Agriculture - 1927 - 422 pages
...operated his business on the principles advocated by the old philosopher Adam Smith in 1755 when he said "Consumption is the sole end and purpose of all production, and the interest of the producers ought to be attended to only in so far as it may be necessary for protecting the interests... | |
 | Lewis Henry Haney - Economics - 1911 - 598 pages
...point. While dealing largely with production, Smith started from the standpoint of the consumer : " Consumption is the sole end and purpose of all production,...the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." i Though sometimes overlooked or unexpressed,... | |
 | Albert Augustus Trever - Economics - 1916 - 172 pages
...ibid., IV, 78: "Production is primarily for the mouth, not for the granary." < Op. cit., IV, chap, viii: "Consumption is the sole end and purpose of all production;...the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer." 5 For reference and Greek terms, cf. p. 68.... | |
 | Albert Augustus Trever - Economics - 1916 - 174 pages
...ibid., IV, 78: "Production is primarily for the mouth, not for the granary." *Op. cit., IV, chap. viii: "Consumption is the sole end and purpose of all production;...the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer." 5 For reference and Greek terms, cf. p. 68.... | |
 | Robert Harry Inglis Palgrave - Economics - 1901 - 824 pages
...generally treated by English writers in connection with production. "Consumption," says Adam Smith, "is the sole end and purpose of all production, and...the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer. " Later criticism has thrown doubt on the possibility... | |
 | Du Bois Henry Loux - Democracy - 1920 - 286 pages
...this case, is so plainly sacrificed to the interests of our merchants and manufacturers. II. 169. 26. "Consumption is the sole end and purpose of all production;...interest of the producer ought to be attended to, so far as it may be necessary for promoting that of the consumer. "The maxim is so perfectly self-evident,... | |
 | Sir John Arthur Ransome Marriott - Economics - 1923 - 328 pages
...Unto This Last, pp. 144, 150, 155. the work of his predecessors. ' Consumption ', wrote Adam Smith, ' is the sole end and purpose of all production ; and...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... | |
 | Archaeology - 1923 - 854 pages
...with a surplus of production over consumption (Principles, p. 117). Adam Smith said: »Consumptioii is. the sole end and purpose of all production; and the interest of the produccr ought to be attended to, only so far äs it may be necessary for promoting that of the 'consumer.... | |
 | 1924 - 702 pages
...ridiculous to take any pains to prove it." 1 In the second, with the same crushing air of certitude : " Consumption is the sole end and purpose of all production...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... | |
 | Economics - 1924 - 726 pages
...ridiculous to take any pains to prove it." 1 In the second, with the same crushing air of certitude : " Consumption is the sole end and purpose of all production...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... | |
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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. 
