Readings in the Economics of the Division of Labor

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  • Readings in the Economics of the Division of Labor Book Detail

  • Author : Guang-Zhen Sun
  • Release Date : 2005
  • Publisher : World Scientific
  • Genre : Business & Economics
  • Pages : 312
  • ISBN 13 : 9812561242
  • File Size : 89,89 MB

Readings in the Economics of the Division of Labor by Guang-Zhen Sun PDF Summary

Book Description: Study of the progressive division of labor is a burgeoning industry in economics in recent years. Classical authors, dating back as early as 500 BC, have made insightful analysts on the determinants and implications of the division of labor. Unfortunately these writings ore rather scattered and not readily accessible. This important book aims to fill this void, serving as a valuable source of reference for scholars interested in the economics of specialization. The volume begins with the precursors of political economy including the ancient Greeks, medieval Islamic scholastics and mercantilists, continues with the classical political economists and the neoclassicists, and concludes with the Austrian economists such as Hayek in The 1940s. It covers major themes and perspectives about the division of labor that have ever emerged in the discipline of the economic science, including the economics of increasing returns to specialization, the twin ideas of division of labor and the extent of the market, the theory of the spontaneous market order, coordination in the factory system and large scale manufactures, knowledge and the division of mental labor, integration of analyses of specialization into the neoclassical framework, etc.

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The Division of Labour in Economics

The Division of Labour in Economics

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This book provides, for the first time, a systematic and comprehensive narrative of the history of one central idea in economics, namely the division of labour,