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Author: Adam Smith

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First, in almost every part of Great Britain there is a
distinction, even in the lowest species of labour, between summer
and winter wages. Summer wages are always highest. But, on
account of the extraordinary expense of fuel, the maintenance of
a family is most expensive in winter. Wages, therefore, being
highest when this expense is lowest, it seems evident that they
are not regulated by what is necessary for this expense, but by
the quantity and supposed value of the work. A labourer, it may
be said, indeed, ought to save part of his summer wages, in order
to defray his winter expense; and that, through the whole year,
they do not exceed what is necessary to maintain his family
through the whole year. A slave, however, or one absolutely
dependent on us for immediate subsistence, would not be treated
in this manner. His daily subsistence would be proportioned to
his daily necessities.

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