To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation.
--
Chapter II, p. 489Adam Smith
As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labours to render the annual revenue of the society as great as he can. He 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. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it.
Adam Smith
The reason why the foreign producer gets his produce to market cheaper, relatively, is this—that foreign produce is collected and brought in such large quantities and is sent in great masses to the market. That is the secret of cheap carriage...We must try to make our pounds of produce into tons—or must bring together a number of producers. If you small agriculturists can collectively offer a great bulk of merchandise to the railway companies, they will give you good terms.
William Ewart Gladstone
I prepared to set out for the Chihuahua market, whither a portion of our stock had been designed. Upon this expedition I was obliged to depart without my brother, who was laboring under the 'home fever,' and anxious to return to his family. ...Men under such bonds are peculiarly unfitted for the checkered life of a Santa Fé trader. The domestic hearth, with all its sacred and most endearing recollections, is sure to haunt them in the hour of trial, and almost every step of their journey is apt to be attended by melancholy reflections of home and domestic dependencies.
Josiah Gregg
Without civil intervention the free market tends to monopoly. What we should do is try to restore a truly free market, try to restore a market where there are no barriers to access and people have something other than their labour which they can trade or exchange..
Phillip Blond
You can go to any major history and see the effect of unregulation. The very point of developing regulation around industrial society was that they were not only exploiting the workers to death they were befouling the planet, so regulation came because of that. What the right wing wants is for the public to have this role in the societal debate over balance of these issues and no power. The public power to confront these errors of industry is government regulation.
Chip Berlet
Smith, Adam
Smith, Alexander
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z