Adam Smith Quote

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen, it is always just and equitable; but it is sometimes otherwise when in favor of the masters.


Chapter x, Part II, p. 168. - The Wealth of Nations (1776) - Book I

Picture Quote 1

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the...

Picture Quote 2

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the...

Picture Quote 3

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the...

Picture Quote 4

Whenever the legislature attempts to regulate the differences between masters and their workmen, its counsellors are always the masters. When the...