Wednesday, July 11, 2007

It is always easy to overwork an analogy, and yet the economist who for



years insisted that slave labor continually and arbitrarily limited the
wages of free labor and was therefore a detriment to national wealth was
a forerunner of the economist of to-day who points out the economic
basis of the social evil, the connection between low wages and despair,
between over-fatigue and the demand for reckless pleasure
It is always easy to overwork an analogy, and yet the economist who for
years insisted that slave labor continually and arbitrarily limited the
wages of free labor and was therefore a detriment to national wealth was
a forerunner of the economist of to-day who points out the economic
basis of the social evil, the connection between low wages and despair,
between over-fatigue and the demand for reckless pleasure.


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