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Adam Smith summary

Natural weight of wage market price actual price at

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 natural weight of wage; market price – actual price at which commodity  is sold; competition forms; monopolists understock to maximize price Of the wages of labor : produce of labor constitutes the natural reward (wages of  labor); dealing with private land & landlords; a man must always live by his work,  and his wages must at least be sufficient to maintain him; surplus of stock,  increase journeymen (servants) to profit; the increase of revenue and stock is the  increase of national wealth
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Of wages & profit in the different employments of labor & stock : lots of  inequalities; fear of losing employment which restrains his frauds and corrects his  negligence Effects of the progress of improvement upon the real price of manufactures natural effect of improvement to diminish gradually the real price of almost all  manufacturers; landlord’s share of the produce necessarily increases the  increase of the produce
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