Gilles, Robert Paul; Lazarova, Emiliya A.; Ruys, Pieter … - 2006
fundamental Smith-Young theorem on the extent of the market and the social division of labor. In this theory specialization and …, thus, the social division of labor is firmly embedded within a system of perfectly competitive markets. This leaves … discuss the emergence of economic specialization and eventually of economic trade and a social division of labor. We base our …