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Page 134 of 2651

Author: Adam Smith

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The idle everywhere consume a great part of it; and, according to
the different proportions in which it is annually divided between
those two different orders of people, its ordinary or average
value must either annually increase or diminish, or continue the
same from one year to another.
CHAPTER VII. OF THE NATURAL AND MARKET PRICE OF COMMODITIES.
There is in every society or neighbourhood an ordinary or average
rate, both of wages and profit, in every different employment of
labour and stock. This rate is naturally regulated, as I shall
shew hereafter, partly by the general circumstances of the
society, their riches or poverty, their advancing, stationary, or
declining condition, and partly by the particular nature of each
employment.

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