Inframarginal Contributions to Development Economics

ISBN-13: 9789812566584 / Angielski / Twarda / 2006 / 564 str.

Christis Tombazo; Xiaokai Yang

Opis

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.