This note explores Smith’s employment of the concept of ‘productive labour’, a concept which commentators have frequently found problematic. We suggest that Smith’s difficulty in formulating a satisfactory definition of ‘productive labour’ stems from the fact that he seems to have had in mind - and to have tried to combine - two different (but only independently valid), concepts of productive ...
| Year of publication: |
2008-04
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| Authors: | Grieve, Roy |
| Institutions: | Economics Department, University of Strathclyde |
| Subject: | Adam Smith: Productive and Unproductive Labour | Surplus Production |
| Extent: | application/pdf |
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| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Number 08-05 28 pages |
| Classification: | B12 - Classical |
| Source: |
Persistent link: https://www.econbiz.de/10005432051