Adam Smith
Adam Smith
Adam Smith– 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment...
NationalityScottish
ProfessionEconomist
Date of Birth5 June 1723
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A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
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A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.
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Every individual...generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
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We think most publishers and authors will choose to participate in the publisher program in order to introduce their work to countless readers around the world. But we know that not everyone agrees, and we want to do our best to respect their views too. So now, any and all copyright holders . . . can tell us which books they'd prefer that we not scan if we find them in a library.
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That was probably our best game of the year.
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We're building this area between Milwaukee and Chicago as the best of both worlds. We're just excited to bring another high-profile event here.
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Mankind are animals that makes bargains, no other animal does this.
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We are not ruling out that if a program is performing poorly, it doesn't get funding.
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Give credit to their goalie as he had some good saves.
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This was a big win. These guys are a good team, so we didn't expect that one goal to hold up.
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When EAA began the 'Timeless Voices' project in 2002, we sought to record the personal histories of a remarkable aviation generation that was passing from our midst. We have saved many stories from people who now, just a few years later, are no longer with us.
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We know that not everyone agrees, and we want to do our best to respect their views, too.
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It was nerve-wracking coming to get my results. I was totally unsure what they would be. My offer from Sheffield was three As and my insurance offer from Leeds was also three As.
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I've got to make the best of what I've got. I think we will be a stellar team. We've got a lot of young talent, but once they get the butterflies out, they will be OK. We're really looking forward to it.