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A history of economic doctrines

Note 104 — Chapter I · : THE PHYSIOCRATS

R. (Robert) Richards translation

“It might happen—and, indeed, it often does happen—that the worker’s wage is only equal to what is necessary for his subsistence.” (Réflexions, vi.)

It is also possible that Jesus was not formulating a general law when He said that we have the poor always with us. Turgot likewise wished to state the simple fact, and not to draw a general conclusion.

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