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第11章

the nature of rent-第11章

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is; in fact; the cost of producing labour。 The supply cannot

proceed; if it be not paid; and though there will always be a

little latitude; owing to some variations of industry and habits;

and the distance of time between the encouragement to population

and the period of the results appearing in the markets: yet it is

a still greater error; to suppose the price of labour unconnected

with the price of corn; than to suppose that the price of corn

immediately and completely regulates it。 Corn and labour rarely

march quite abreast; but there is an obvious limit; beyond which

they cannot be separated。 With regard to the unusual exertions

made by the labouring classes in periods of dearness; which

produce the fall of wages noticed in the evidence; they are most

meritorious in the individuals; and certainly favour the growth

of capital。 But no man of humanity could wish to see them

constant and unremitted。 They are most admirable as a temporary

relief; but if they were constantly in action; effects of a

similar kind would result from them; as from the population of a

country being pushed to the very extreme limits of its food。

There would be no resources in a scarcity。 I own I do not see;

with pleasure; the great extension of the practice of task work。

To work really hard during twelve or fourteen hours in the day;

for any length of time; is too much for a human being。 Some

intervals of ease are necessary to health and happiness: and the

occasional abuse of such intervals is no valid argument against

their use。



18。 I have hinted before; in a note; that profits may; without

impropriety; be called a surplus。 But; whether surplus or not;

they are the most important source of wealth; as they are; beyond

all question; the main source of accumulation。



19。 Adam Smith notices the bad effects of high profits on the

habits of the capitalist。 They may perhaps sometimes occasion

extravagance; but generally; I should say; that extravagant

habits were a more frequent cause of a scarcity of capital and

high profits; than high profits of extravagant habits。







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