Buch · An Inquiry into the Wealth of Nations
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Autor: Adam Smith
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But a young man would practice with much more diligence and
attention, if from the beginning he wrought as a journeyman,
being paid in proportion to the little work which he could
execute, and paying in his turn for the materials which he might
sometimes spoil through awkwardness and inexperience. His
education would generally in this way be more effectual, and
always less tedious and expensive. The master, indeed, would be a
loser. He would lose all the wages of the apprentice, which he
now saves, for seven years together. In the end, perhaps, the
apprentice himself would be a loser. In a trade so easily learnt
he would have more competitors, and his wages, when he came to be
a complete workman, would be much less than at present. The same
increase of competition would reduce the profits of the masters,
as well as the wages of workmen. The trades, the crafts, the
mysteries, would all be losers.
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