Inframarginal contributions to development economics
Éditeur :
World Scientific Publishing Co Pte Ltd
ISBN :
9789812566584
Date de publication :
10 oct. 2006
Langue :
Anglais
Pays d'origine :
Singapour
The core of classical economic analysis represented by William Petty and Adam Smith concentrated on the field of development economics. This book focuses on division of labor as the driving force of development, and emphasizes the role of the market (the "invisible hand") in exploiting productivity gains that are derived from division of labor.