A Treatise On Political Economy to Which is Prefixed a Supplement to a Precedin

Cover A Treatise On Political Economy to Which is Prefixed a Supplement to a Precedin
A Treatise On Political Economy to Which is Prefixed a Supplement to a Precedin
Antoine Louis Claude Destutt De Tracy
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This occasion is taken to pay them less, when they have need of being better paid. Accordingly, constant expe- rience proves that in times of want wages fall, because there are more workmen than can be em- ployed; and this continues, till a return of abun- dance, or till they perish.
It is then desirable that the price of commodities, and above all that of the most important, should be invariable. When we shall come to speak of legislation, we shall see that the mean of making this price as lit
...tle variable as possible, is to leave the most entire liberty to commerce ; because the activity of speculators, and their competition, makes them eager to take advantage of the smallest 148 fall to buy, and the smallest rise to sell again ; and thus they prevent either the one or the other from becoming excessive. This method is also the in ost conformable with a respect for property, for the just and the useful are always united. For the present let us limit ourselves to our conclusion, and extend it to other objects.

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