Division of Labor
By Randall G. Holcombe |
One of the most enduring questions in economics is what causes economies to grow. The full title of Adam Smith’s well-known treatise, An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776, clearly shows that the causes of prosperity were Smith’s primary concern. He concluded that free markets, the protection of private…Read More →
Sorry, we couldn't find any posts. Please try a different search.