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Pagina 305 de 2651

Autor: Adam Smith

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The profits of stock vary with the price of the commodities in
which it is employed. As the price of any commodity rises above
the ordinary or average rate, the profits of at least some part
of the stock that is employed in bringing it to market, rise
above their proper level, and as it falls they sink below it. All
commodities are more or less liable to variations of price, but
some are much more so than others. In all commodities which are
produced by human industry, the quantity of industry annually
employed is necessarily regulated by the annual demand, in such a
manner that the average annual produce may, as nearly as
possible, be equal to the average annual consumption. In some
employments, it has already been observed, the same quantity of
industry will always produce the same, or very nearly the same
quantity of commodities. In the linen or woollen manufactures,
for example, the same number of hands will annually work up very
nearly the same quantity of linen and woollen cloth.

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