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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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Adam Smith's Moral Philosophy: A Historical and Contemporary Perspective on ...

Jerry Evensky - Business & Economics - 2005
...manufacturers, made production, not consumption, the national purpose. According to Smith, this is backward. 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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The Squashed Philosophers

Glyn Lloyd-Hughes - Philosophy - 2005 - 412 pages
...there nailed up; and for the second offence, to be adjudged a felon, and to suffer death accordingly. 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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2003 Lectures

Civilization - 2004 - 494 pages
...a whole are promoted. This is productivity in the properly consumer-oriented sense of Adam Smith:8 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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The Market

Alan Aldridge - Political Science - 2005 - 182 pages
...market is a pathology, not a response to real human needs. Consumer Sovereignty versus Corporate Power '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.' So wrote Adam Smith (1976/1776: 660). The...
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Economic Issues Today: Alternative Approaches

Robert Barry Carson, Wade L. Thomas, Jason Hecht - Economics - 2005 - 432 pages
...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...
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Bloodbath

Patricia Edgar - Children's television programs - 2006 - 492 pages
...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;...the 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...
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Schulökonomik

Hans-Joachim Stadermann, Otto Steiger - Economics - 2006 - 416 pages
...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...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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Government, Business, and the American Economy

Robert Langran, Martin Schnitzer - Industrial policy - 2007 - 400 pages
...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...
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Het was niet de bedoeling: algemeen evenwicht, Banach-ruimten en Europees ...

A. Heertje - 2006 - 36 pages
...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...
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The Triumph of Capitalism

Robert A. Degen - Social Science - 2011 - 217 pages
...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;...the 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...
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