Complain: Quote

”Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”

Adam Smith, The Wealth of Nations

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8 Comments

    1. Thank you Ken. When a pure economist by qualifications start the job for vote for politics then economics may not work properly. Simply when an economists become ‘politiconomist’ then nither economics nor politics revive.

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