From merchants to speakers: The common origins of trade and language

Ángel Alonso-Cortés and Francisco Cabrillo

The European Journal of the History of Economic Thought, 2012, vol. 19, issue 5, 709-732

Abstract: Adam Smith argued that division of labour and language are linked to the concept of persuasion. However, this paper asserts that trade in the long term and linguistic communication have their roots in trust and probity since both imply some sort of mutuality. If not, neither one nor the other would occur as strategies in repetitive games show.

Date: 2012
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DOI: 10.1080/09672567.2010.540347

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