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" He is liable, in consequence, to be frequently without any. What he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding" moments which the thought of so precarious... "
Outlines of Political Economy: Being a Republication of the Article Upon ... - Page 108
by John Ramsay McCulloch - 1825 - 188 pages
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Political Economy

Nassau William Senior - Economics - 1854 - 256 pages
...high. Adam Smith, indeed, thinks that his annual wages ought to he higher than the average, to make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion. But this evil is compensated, and, in most dispositions, more than compensated, by the diminution of...
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A Treatise on the Circumstances which Determine the Rate of Wages and the ...

John Ramsay McCulloch - Labor - 1854 - 138 pages
...the time they are necessarily idle. And they ought also to afford them, as Dr. Smith has remarked, some compensation for those anxious and desponding...so precarious a situation must sometimes occasion. This principle shows the fallacy of the opinion so generally entertained respecting the great earnings...
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The Principles of Political Economy Applied to the Condition, the Resources ...

Francis Bowen - Business & Economics - 1856 - 588 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion." It is easy to see that the person who can be employed only a part of the time ought to receive higher...
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The Principles of Political Economy Applied to the Condition, the Resources ...

Francis Bowen - Economics - 1859 - 586 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion." It is easy to see that the person who can be employed only a part of the time ought to receive higher...
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The Principles of Political Economy Applied to the Condition: The Resources ...

Francis Bowen - Economics - 1859 - 576 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion." It is easy to see that the person who can be employed only a part of the time ought to receive higher...
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Sketches of Political Economy

James Stuart Laurie - Economics - 1864 - 106 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion. When the computed earnings of the greater part of manufacturers, accordingly, are nearly upon a level...
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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1868 - 274 pages
...while he is employed must not only maintain him while he is idle, but, Dr. Smith suggests, "make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion." A year is the least period that includes the vicissitudes of the seasons, and of the varying wants...
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American Political Economy: Including Strictures on the Management of the ...

Francis Bowen - Economics - 1870 - 586 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion. It is easy to see that the person who can be employed only a P^' of the time ouykt to receive higher...
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American Political Economy

Francis Bowen - 1870 - 512 pages
...he earns, therefore, while he is employed, must not only maintain him while he is idle, but make him some compensation for those anxious and desponding...so precarious a situation must sometimes occasion." It is easy to see that the person who can be employed only a part of the time ought to receive higher...
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The Principles of Political Economy: With Sketch of the Rise and Progress of ...

John Ramsay M'Culloch - Interest - 1870 - 376 pages
...the time they are necessarily idle; and they ought also to afford them, as Adam Smith has remarked, some compensation for those anxious and desponding...so precarious a situation must sometimes occasion. This principle shows the fallacy of the opinion so generally entertained respecting the great earnings...
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