How Adam Smith found inspiration in French texts on pin making in the Eighteenth century
Jean-Louis Peaucelle () and
Cameron Guthrie ()
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Jean-Louis Peaucelle: University of Reunion Island, France
Cameron Guthrie: University of Toulouse-Toulouse Business School, France
History of Economic Ideas, 2011, vol. 19, issue 3, 41-68
Abstract:
Adam Smith found inspiration in French texts on pin making to illustrate his theory of the division of labour. He used secondary sources that, we argue influenced his understanding of the strong division of labour and opportunities for productivity improvements in the pin-making industry. The original and secondary texts are examined here to understand how Smith interpreted them to develop his theory. Additional archival sources describing French pin making in the eighteenth century are also studied and are shown to partially contradict Smith’s theory of the division of labour.
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:hid:journl:v:19:y:2011:3:3:p:41-68
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