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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. "
The Edinburgh Review: Or Critical Journal - Page 31
1927
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Report of the ... Meeting of the British Association for the ..., Volume 94

British Association for the Advancement of Science - Science - 1925 - 622 pages
...ridiculous to take any pains to prove it.' 90 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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International Economic Policies: A Survey of the Economics of Diplomacy

William Smith Culbertson - Commercial policy - 1925 - 610 pages
...of competing nations, but of competing individuals. His position on this matter he stated thus : B 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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Palgrave's Dictionary of Political Economy, Volume 1

Robert Harry Inglis Palgrave, Henry Higgs - Economics - 1926 - 954 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...
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Palgrave's Dictionary of Political Economy, Volume 3

Robert Harry Inglis Palgrave, Henry Higgs - Economics - 1926 - 886 pages
...was to be kept from moving KG far as possible (297, 298). "Consumption is the sole end and pui~po.se 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. The maxim is so perfectly self- evident that...
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The Place of Consumption in Economic Theory

Margaret Pryor - 1927 - 396 pages
...place of consumption in orthodox political economy was formally pointed out when Adam Smith wrote: "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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Tariff Readjustment--1929: Hearings Before the Committee on Ways and Means ...

United States. Congress. House. Committee on Ways and Means - Tariff - 1929 - 1776 pages
...willing to admit the soundness of the philosophy propounded by Adam Smith in 1775, when he said, ' Consumption is the sole end and purpose of all production,...interest of the producer ought to be attended to only in so far as it may be necessary for promoting the interest of the consumer.' "The public will buy...
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General Revision of the Copyright Law: Hearings Held Before the Committee on ...

United States. Congress. House. Committee on Patents - Copyright - 1932 - 598 pages
...hand. this one by Adam Smith, the father of economics, who In his famous Wealtli of Nations said : " 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." For seven days and a greater number of years...
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Von der Theorie zur Wirtschaftspolitik - ein österreichischer Weg ...

Franz Baltzarek, Felix Butschek, Gunther Tichy - Austria - 1998 - 372 pages
...Vgl. die von Streissler oft zitierte, für den Wirtschaftsliberalismus zentrale Position Adam Smiths: "Consumption is the sole end and purpose of all production,...interest of the producer ought to be attended to, only sofar äs it may be necessary for promoting that of the consumer" (Smith, An Inquiry into the Nature...
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Government Regulation of the Employment Relationship

Bruce E. Kaufman - Political Science - 1997 - 570 pages
...possess wealth," and Adam Smiths (1776:625) contention that "Consumption is the sole end and puqxjse of all production; and the interest of the producer ought to be attended to, only so far as necessary for promoting that of the consumer." The institutionalists took a different view. Economic...
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The Wordsworth Dictionary of Quotations

Connie Robertson - Reference - 1998 - 686 pages
...some contrivance to raise prices. 10820 Wealth of Nations Consumptlon is the sole end and purpose of s truth. 7510 it may be necessary for promoting that of the consumer. 10821 Wealth of Nations There is no art which...
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