...increases with the " increase of national wealth, and cannot possibly " increase without it. ,-,••• "It is not the actual greatness of national "wealth, but its continual increase which oc" elisions a rise in the wages of labour. : -: - w In Great Britain the wages of labour seem in 11...

...naturally increases with the increase of national wealth, and cannot possibly increase without it. It is not the actual greatness of national wealth,...of labour are highest. England is certainly, in the present times, a much richer country than any part of North America. The wages of labour, however,...

...national wealth, but its contimtal increase, which occasions a rise in the wages' of labour. It istnot, accordingly, in the richest countries,. but in 'the...of labour are highest. England is certainly, in the present times, a much richer country than any part of North America. The wages of labour, how;ever,...

...subject did not escape the clear-sighted mind of Adam Smith. In 17"3 he wrote the following remarks : " It is not the actual greatness of national wealth,...of labour are highest. England is certainly, in the present time, a much richer country than any part of North America. The wages of labour, however, are...

...not escape the clear-sighted mind of Adam Smith. In 1773 he wrote the following remarks : " It is Dot the actual greatness of national wealth, but its continual increase, which occasions a ri«e in the wages of labour. It is not, accordingly, in the richest countries, but in the most thriving,...

...greatness of national wealth, but its progressive augmentation, which occasions a rise in the price of labour. It is not, accordingly, in the richest...in those which are growing rich the fastest, that wages are highest. England is certainly a richer country than any part of the United States ; wages,...

...naturally increases with the increase of national wealth, and cannot possibly increase without it. It is not the actual greatness of national wealth, but its continual increase, which oc casions a rise in the wages of labour. It is not, accordingly, in the richest countries, but in...

...naturally increases with the increase of national wealth, and cannot possibly increase without it. " It is not the actual greatness of national wealth,...wages of labour are highest. England is certainly a much richer country than any part of North America. The wages of labour, however, are much higher...

...naturally increases wiih the increase of national ivealth, and cannot possibly increase without il. It is not the actual greatness of national wealth, but its continual increate, which occasions a rise in the wages of labour. It is not, accordingly, in the riches(t countries,...

...gradually on the increase ; and he lays it down as a maxim, that " It is not the actual greatness " of the national wealth, but its continual increase " which occasions a rise in the wages of labour." He remarks that some persons were disposed to attribute the gradual rise in the money price of labour...