The Division of Labor Under Homogeneity: A Critique of Mises and Rothbard
Walter Block,
Per Henrik Hansen and
Peter Klein
American Journal of Economics and Sociology, 2007, vol. 66, issue 2, 457-464
Abstract:
Abstract. Even the most passionate defenders of free trade, such as Mises and Rothbard, claim that trade cannot occur under conditions of strict homogeneity of land, labor, and capital. We show that specialization, trade, and the division of labor can emerge even when resources are initially homogenous, due to “natural heterogeneity,” economies of scale, and learning.
Date: 2007
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https://doi.org/10.1111/j.1536-7150.2007.00520.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:66:y:2007:i:2:p:457-464
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