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A history of economic doctrines

Note 210 — Chapter II · : ADAM SMITH

R. (Robert) Richards translation

Wealth of Nations, Book I, chap. 8; Cannan, vol. i, p. 68. The masters possess the advantage in discussion (1) because they can combine much more easily; (2) because, thanks to their superior funds, they can afford to wait while “many workmen could not subsist a week, few could subsist a month, and scarce any a year without employment.”

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