Adam Smith — "The real recompence of labour, the real quantity of the necessaries and convenie…"

The real recompence of labour, the real quantity of the necessaries and conveniencies of life which it can procure to the labourer, has, during the course of the present century, increased in a still greater proportion than its money price.
Adam Smith — Adam Smith Early Modern · Wealth of Nations, capitalism

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The Wealth of Nations, Book I, Chapter VIII

Date: 1776

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