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" What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our... "
The Works of David Ricardo - Page 166
by David Ricardo, John Ramsay McCulloch - 1886 - 584 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - 1811
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more...
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An Inquiry Into the Various Systems of Political Economy: Their Advantages ...

Charles Ganilh - Economics - 1812 - 492 pages
...prudence in the conduct of every private family, can scarcely be folly in that of a great kingdom. If a foreign country can supply us with a commodity...with some part of the produce of our own industry." * If it be the interest of a nation to purchase from a foreign counry when that country sells cheaper...
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The British Critic: A New Review, Volume 3

English literature - 1815
...it is most readily, and at the lowest price to be had: "If a foreign country" (says Dr.' Smith*) " can supply us with a commodity cheaper than we ourselves...of our own industry, employed in a way in which we iave some advantage ;" it is thus only that the general good of the State is consulted, and its labour...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - Economics - 1819
...conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign couetry can supply us with a commodity cheaper than we ourselves...some advantage. The general industry of the country being always in proportion to the capital which employs it, will not thereby be diminished, no more...
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Niles' National Register, Volume 16

1819
...-with some part of the produce tor's attention; for Uie acknowieged goodness and of our o-jin country employed in a way in which we have some advantage. «The general industry of the country being in proportion to the capital which employs it, will not thereby be diminished, any more than...
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Niles' National Register, Volume 16

1819
...main proposition which we at present combat, and to which we here confine ourselves, is, that «lf a foreign country can supply us with a commodity, cheaper than we ourselves can make it, bet— Sweden with iron and copper — Italy and China with silks— Hindustan with silks, cottons...
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Addresses of the Philadelphia Society for the Promotion of National Industry

Mathew Carey - Free trade - 1820 - 299 pages
...the main proposition which we at present combat, and to which we here confine ourselves, is, that, " If a foreign country can supply us with a commodity...cheaper than we ourselves can make it, better buy of them, with some part of the produce of our own industry, employed in a way in which we have some...
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On the Principles of Political Economy, and Taxation

David Ricardo - Classical school of economics - 1821 - 538 pages
...employed in preparing the goods with which these eighty-two thousand hogsheads are annually purchased." But could not this portion of the productive labour...some advantage. The general industry of the country being always in proportion to the capital which employs it, will not thereby be diminished, but only...
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On the Principles of Political Economy, and Taxation

David Ricardo - Classical school of economics - 1821 - 538 pages
...velvets ; and if we could not succeed, might we not make more cloth, or some other object deskable to us ? We manufacture commodities, and with them...some advantage. The general industry of the country being always in proportion to the capital which employs it, will not thereby be diminished, but only...
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A History of the British Empire: From the Accession of Charles I ..., Volume 1

George Brodie - Great Britain - 1822
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...some advantage. The general industry of the country being always in proportion to the capital which employs it, will not thereby be diminished, no more...
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