Note 161-5 — Chapter III

Similarly, J. Möser, Patriot. Phant., I, 40. Adam Smith infers from the following symptoms in a country that wages are higher there than the indispensable minimum, viz.: if wages in summer are higher than in winter, since it is seldom that enough is saved in summer to satisfy the more numerous wants of winter; if wages vary less from year to year and more from place to place than the means of subsistence, it they are high even where the means of subsistence are cheapest. (Wealth of Nat., I, ch. 8.)