Thesauros Literature History Ways and Means

Ways and Means

Ways and Means Xenophon
4.5 Further than this, every farmer can tell just how many yoke of oxen are enough for the farm and how many labourers. To put more on the land than the requisite number is counted loss. In mining undertakings, on the contrary, everyone tells you that he is short of labour.
4.6 Mining, in fact, is quite different from other industries. An increase in the number of coppersmiths, for example, produces a fall in the price of copper work, and the coppersmiths retire from business. The same thing happens in the iron trade. Again, when corn and wine are abundant, the crops are cheap, and the profit derived from growing them disappears, so that many give up farming and set up as merchants or shopkeepers or moneylenders. But an increase in the amount of the silver ore discovered and of the metal won is accompanied by an increase in the number of persons who take up this industry.
4.7 Neither is silver like furniture, of which a man never buys more when once he has got enough for his house. No one ever yet possessed so much silver as to want no more; if a man finds himself with a huge amount of it, he takes as much pleasure in burying the surplus as in using it.
4.8 Mark too that, whenever states are prosperous, silver is in strong demand. The men will spend money on fine arms and good horses and magnificent houses and establishments, and the women go in for expensive clothes and gold jewelry.

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