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。
End