Smith attributes a great deal of the increase in the productivity of labor to division of labor, and presents a good case for it.; at least, I’m convinced. His comments on agriculture are intriguing. P12: “The nature of agriculture, indeed, does not admit of so many subdivisions of labor, nor of so complete a separation [...]
TWoN Chapter 1
May 1st, 2009 · 8 Comments
Tags: Steve · The Wealth of Nations