Boek · An Inquiry into the Wealth of Nations
Pagina 189 van 2651
Auteur: Adam Smith
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Secondly, the wages of labour do not, in Great Britain, fluctuate
with the price of provisions. These vary everywhere from year to
year, frequently from month to month. But in many places, the
money price of labour remains uniformly the same, sometimes for
half a century together. If, in these places, therefore, the
labouring poor can maintain their families in dear years, they
must be at their ease in times of moderate plenty, and in
affluence in those of extraordinary cheapness. The high price of
provisions during these ten years past, has not, in many parts of
the kingdom, been accompanied with any sensible rise in the money
price of labour. It has, indeed, in some; owing, probably, more
to the increase of the demand for labour, than to that of the
price of provisions.
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