Laborr Command in 'The Wealth of Nations': A Search for "System"
AbstractWhile there can be no disputing Smith's clear intent to employ his labor-commanded unit as a medium of value measure, we are still left with the problem of reconciling the multiple forms and characteristics taken on by this measure and the various applications to which it is put.That is the task before us in this essay.
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Bibliographic InfoPaper provided by Purdue University, Department of Economics in its series Purdue University Economics Working Papers with number 1099.
Length: 62 pages
Date of creation: 1997
Date of revision:
ECONOMIC THEORY ; LABOUR;
Find related papers by JEL classification:
- B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
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- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
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- Robinson, W.T. & Min, S., 1998. "Is the First to Market the First to fail?: Empirical Evidence for Manufacturing Business," Purdue University Economics Working Papers 1115, Purdue University, Department of Economics.
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