SPECIALISATION AND THE EXISTENCE PROBLEM IN GENERAL EQUILIBRIUM THEORY

S. Aburizvi Turab

Contributions to Political Economy, 1991, vol. 10, issue 1, 1-20

Abstract: When the division of labour has been once thoroughly established, it is but a very small part of a man's wants which the produce of his own labour can supply… Every man thus lives by exchanging, or becomes in some measure a merchant and the society itself grows to be what is properly a commericial society (Smith, 1776, p. 22).

Date: 1991
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