Added: 2 years ago
From: ColumbiaBusiness
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  • Allow me to take this time to add another quote from Adam Smith, to complement this man's effort at being objective. Adam Smith: Our merchants and master-manufacureres complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They compain only of those of other people.

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