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  • 1
    Electronic Resource
    Electronic Resource
    The Political Economy of Private Investment in Nigeria (1972)
    Cambridge : Cambridge University Press
    The @journal of modern African studies 10 (1972), S. 37-56 
    Details
    ISSN: 0022-278X
    Source: Cambridge Journals Digital Archives
    Topics: Ethnic Sciences , History , Political Science , Economics
    Notes: The traditional and basic economic philosophy of private investment is best expressed by Adam Smith: Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command...every individual...endeavours so [to employ his capital]...that its produce may be of the greatest possible value...He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.1
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1017/S0022278X00022084
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