...business. But there is scarce any common trade in which a small stock yields so great a profit. Secondly, the wages of labour vary with the easiness and cheapness,...the difficulty and expense of learning the business. When any expensive machine is erected, the extraordinary work to be performed by it before it is worn...

...too cheap to market to afford any thing but the most scanty subsistence to the labourers. " Secondly, The wages of labour vary with the easiness and cheapness,...the difficulty and expense of learning the business. " When any expensive machine is erected, the extraordinary work to be performed by it before it is...

...business. But there is scarce any common trade in which a small stock yields so great a profit. Secondly, the wages of labour vary with the easiness and cheapness, or the difficulty and exjH'nse, of learning the business. \\ hen any expensive machine is erected, the extraordinary work...

...done, better paid than any other trade whatever. The pay is greater to compensate for the disgrace. II. The wages of labour vary with the easiness and...wages, however, will be low, inasmuch as they have lost.no time and incurred no expense in learning their business. Not so with the man who has served...

...development. This is a position analogous to that afterwards stated by Adam Smith, (bi ch. 10,) 'that the wages of labour vary with the easiness and cheapness or the difficulty and expense of learning a business.' It requires more time and expense to form a physician, or a statesman, or a divine, than...

...rate of profit that we know. 2. Facility of learning Ibe Business. — "Secondly," says Adam Smith, " the wages of labour vary with the easiness and cheapness,...difficulty and expense, of learning the business. " When any expensive machine is erected, the extraordinary work to be performed by it before it is...

...number perished while the work was in progress. " Secondly," says Adam Smith, " the wages of labor vary with the easiness and cheapness, or the difficulty and expense, of learning the business. When any expensive machine is erected, the extraordinary work to be performed by it before it is worn...

...ease or hardship, cleanness or dirtiness, honourableness or dishonourableness of the employment. " 2. The easiness and cheapness, or the difficulty and expense of learning the business ; hence the pecuniary recompense of painters and sculptors, lawyers and physicians, ought to be, and...

...ease or hardship, cleanness or dirtiness, honourableness or dishonourableness of the employment. " 2. The easiness and cheapness, or the difficulty and expense of learning the business ; hence the pecuniary recompense of painters and sculptors, lawyers and physicians, ought to be, and...

...testified by the will, signed by himself, and witnessed according to the forms of ]»». lowest waget — The wages of labour vary with the easiness and cheapness,...difficulty and expense, of learning the business; a London porter would think a Billing little enough for a job that occupied an hour; while a mason's...