The Catechism of Wages And Capital
The Catechism of Wages And Capital
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But ought not men, who have served seven years to learn a trade, to have some pro- tection against those who have not so served ? No ; it is as much a tyranny to prevent a man from changing his trade as it is to keep a youth 22 from learning one. If apprenticeship is a sacri- fice, it ought to be abolished ; but if it is a ne- ce&sity, then the competent interlopers will be so few as not to be worth excluding ; and a man who has genius enough to pick up such a trade without teaching, is likely ...to prove a very useful workman.
41. If these proposed alterations were made, would not the best trades soon be overhanded ? That depends upon events which cannot be fore- seen, and principally on the future course of trade. The machinery trade has about doubled in ten years, an expansion which could not possibly have taken place if restrictive rules had been enforced. The hatting trade would die out in a genera- tion, if the rule of the trade as to the number of apprentices was enforced. The cotton trade, where these restrictions do not exist, has as frequently been underhanded as overhanded.
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You can find similar books in the "Read Also" column, or choose other free books by John Watts to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But ought not men, who have served seven years to learn a trade, to have some pro- tection against those who have not so served ? No ; it is as much a tyranny to prevent a man from changing his trade as it is to keep a youth 22 from learning one. If apprenticeship is a sacri- fice, it ought to be abolished ; but if it is a ne- ce&sity, then the competent interlopers will be so few as not to be worth excluding ; and a man who has genius enough to pick up such a trade without teaching, is likely ...to prove a very useful workman.
41. If these proposed alterations were made, would not the best trades soon be overhanded ? That depends upon events which cannot be fore- seen, and principally on the future course of trade. The machinery trade has about doubled in ten years, an expansion which could not possibly have taken place if restrictive rules had been enforced. The hatting trade would die out in a genera- tion, if the rule of the trade as to the number of apprentices was enforced. The cotton trade, where these restrictions do not exist, has as frequently been underhanded as overhanded.
What to read after The Catechism of Wages And Capital?
You can find similar books in the "Read Also" column, or choose other free books by John Watts to read onlineMoreLess
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