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• W2003291878 startingPage "401" @default.
• W2003291878 abstract "Division of labor is thought to imply increasing returns to scale, which in turn implies that wages rise continually with economic growth. Yet the price theory of Wealth of Nations rests upon the assumption that the “natural” price of labor (and capital) is determined at any steady-state rate of balanced growth. There would seem, therefore, to be an irreconcilable contradiction between Smith’s exposition of the division of labor in Book I, chapters 1 to 3, and his price theory as set out in Book I, chapters 6 to 9." @default.
• W2003291878 created "2016-06-24" @default.
• W2003291878 creator A5030373168 @default.
• W2003291878 date "2014-11-04" @default.
• W2003291878 modified "2023-09-25" @default.
• W2003291878 title "IS THERE ANOTHER, QUITE DIFFERENT, “ADAM SMITH PROBLEM”?" @default.
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• W2003291878 doi "https://doi.org/10.1017/s1053837214000534" @default.
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