To check workers from flocking in from their regular employments, he insisted on the wages being kept below the ordinary rate, and he urged the propriety of driving as sharp bargains as possible in fixing the price of the piece of work.
Morley describes Turgot's strategy to control labor costs by keeping wages low to prevent worker influx.
Share
More from John Morley
Can wool repair The colours that it lost when soaked with dye?
People still believe that Russian diplomats are particularly crafty and clever, full of artifices and stratagems, but that is not the case.
Happy the man who from out the floods has fled the storm and found the haven; happy too is he who has surmounted toil and trouble.—Bacchae, 902-5.
It is a case so to speak of “limited liability.” We are bound in honour—you cannot put a legal construction upon it—to see in concert with others that these arrangements are maintained.
Other voices in this conversation
