An Inquiry Into the Nature and Causes of the Wealth of NationsSmith, Adam
General
An Inquiry Into the Nature and Causes of the Wealth of Nations
Smith, Adam
Economics
Before the invention of the art of printing, the only employment by
which a man of letters could make any thing by his talents, was that of
a public or private teacher, or by communicating to other people the
curious and useful knowledge which he had acquired himself; and this is
still surely a more honourable, a more useful, and, in general, even a
more profitable employment than that other of writing for a bookseller,
to which the art of printing has given occasion. The time and study, the
genius, knowledge, and application requisite to qualify an eminent
teacher of the sciences, are at least equal to what is necessary for the
greatest practitioners in law and physic. But the usual reward of the
eminent teacher bears no proportion to that of the lawyer or physician,
because the trade of the one is crowded with indigent people, who have
been brought up to it at the public expense; whereas those of the other
two are encumbered with very few who have not been educated at their
own. The usual recompence, however, of public and private teachers,
small as it may appear, would undoubtedly be less than it is, if the
competition of those yet more indigent men of letters, who write for
bread, was not taken out of the market. Before the invention of the art
of printing, a scholar and a beggar seem to have been terms very nearly
synonymous. The different governors of the universities, before that
time, appear to have often granted licences to their scholars to beg.
In ancient times, before any charities of this kind had been established
for the education of indigent people to the learned professions, the
rewards of eminent teachers appear to have been much more considerable.
Isocrates, in what is called his discourse against the sophists,
reproaches the teachers of his own times with inconsistency. "They make
the most magnificent promises to their scholars," says he, "and
undertake to teach them to be wise, to be happy, and to be just; and, in
return for so important a service, they stipulate the paltry reward of
four or five minæ." "They who teach wisdom," continues he, "ought
certainly to be wise themselves; but if any man were to sell such a
bargain for such a price, he would be convicted of the most evident
folly." He certainly does not mean here to exaggerate the reward, and we
may be assured that it was not less than he represents it. Four minæ
were equal to thirteen pounds six shillings and eightpence; five minæ to
sixteen pounds thirteen shillings and fourpence.--Something not less
than the largest of those two sums, therefore, must at that time have
been usually paid to the most eminent teachers at Athens. Isocrates
himself demanded ten minæ, or L.33 : 6 : 8 from each scholar. When he
taught at Athens, he is said to have had a hundred scholars. I
understand this to be the number whom he taught at one time, or who
attended what we would call one course of lectures; a number which will
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