Livre · An Inquiry into the Wealth of Nations
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Auteur: Adam Smith
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Diminish the real opulence either of Holland or of the territory
of Genoa, while the number of their inhabitants remains the same;
diminish their power of supplying themselves from distant
countries; and the price of corn, instead of sinking with that
diminution in the quantity of their silver, which must
necessarily accompany this declension, either as its cause or as
its effect, will rise to the price of a famine. When we are in
want of necessaries, we must part with all superfluities, of
which the value, as it rises in times of opulence and prosperity,
so it sinks in times of poverty and distress. It is otherwise
with necessaries. Their real price, the quantity of labour which
they can purchase or command, rises in times of poverty and
distress, and sinks in times of opulence and prosperity, which
are always times of great abundance; for they could not otherwise
be times of opulence and prosperity. Corn is a necessary, silver
is only a superfluity.
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