ECONO

The Great Adam Smith

The Great Marx-Smith debate

Let’s look at a quote. It is from the text, “An Inquiry into the causes of the Wealth of Nations,” by the aforesaid, prof Smith.

This great increase in the quantity of work, which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another…

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Jack Silverman

Jack Silverman

368 Followers

I am the one who is real. I had an original idea, International trade. This fits into Ideas in Economics or ‘Social Economics’. Why? Read on!