22 lines
624 B
Markdown
22 lines
624 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-08 -->
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# Dear Years
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## Definition
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Periods of scarcity and high prices that tend to diminish the proportion of independent workmen relative to journeymen and servants, while also reducing the funds for maintaining servants and increasing competition for employment.
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## Source Chapter
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Book I, Chapter 8
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## Context
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Examined for their effects on wages and employment patterns, with Smith arguing they tend to increase dependence and sometimes lead to lower wages.
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## Economic Domain
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General Theory
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---
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