644 B
644 B
Master Artificer
Definition
A skilled craftsman who employs capital in his trade, requiring fixed capital in the form of tools and instruments while circulating the remainder in wages and materials.
Source Chapter
Book II, Chapter 1
Context
Exemplifies the intermediate economic position between merchants (purely circulating capital) and farmers (significant fixed capital), illustrating the varying proportions of fixed and circulating capital across occupations.
Economic Domain
Production