Essay on the Nature of Commerce in General
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第8章

Some Handicrafts Men earn more, others less, according to the different Cases and Circumstances Supposing two tailors make all the cloths of a village, one may have more customers than the other, whether from his mode of attracting business, or because he works better or more durably than the other, or follows the fashions better in the cut of the garments.

If one dies, the other finding himself more pressed with work will be able to raise the price of his labour, giving some customers a preference in point of expedition to others, till the villagers find it to their advantage to have their cloths made in another village, town or city losing the time spent in going and returning, or till some other tailor comes to live in their village and to share in the business of it.

The crafts which require the most time in training or most ingenuity and industry must necessarily be the best paid. A skillful cabinet maker must receive a higher price for his work than an ordinary carpenter, and a good watchmaker more than a farrier.

The arts and crafts which are accompanied by risks and dangers like those of founders, mariners, silver miners, etc. ought to be paid in proportion to the risks. When over and above the dangers skill is needed they ought to be paid still more, e.g. pilots, divers, engineers, etc. When capacity and trustworthiness are needed the labour is paid still more highly, as in the case of jewellers, bookkeepers, cashiers and others.

By these examples and a hundred others drawn from ordinary experience it is easily seen that the difference of price paid for daily work is based upon natural and obvious reasons.