Livro · An Inquiry into the Wealth of Nations
Pagina 190 de 2651
Autor: Adam Smith
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Thirdly, as the price of provisions varies more from year to year
than the wages of labour, so, on the other hand, the wages of
labour vary more from place to place than the price of
provisions. The prices of bread and butchers' meat are generally
the same, or very nearly the same, through the greater part of
the united kingdom. These, and most other things which are sold
by retail, the way in which the labouring poor buy all things,
are generally fully as cheap, or cheaper, in great towns than in
the remoter parts of the country, for reasons which I shall have
occasion to explain hereafter. But the wages of labour in a great
town and its neighbourhood are frequently a fourth or a fifth
part, twenty or five-and-twenty per cent. higher than at a few
miles distance. Eighteen pence a day may be reckoned the common
price of labour in London and its neighbourhood. At a few miles
distance, it falls to fourteen and fifteen pence.
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