RETURNING TO THE CLASSICAL TRADITION: THE RELEVANCE AND APPLICATION OF INFRAMARGINAL ANALYSIS TO DEVELOPMENT ECONOMICS

Christis Tombazos () and Stephen Matteo Miller
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Stephen Matteo Miller: Monash University, Australia

Chapter 1 in Inframarginal Contributions to Development Economics, 2006, pp 3-25 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Why Consider the Inframarginal Approach to Economic Development?Smith's View of Economics and Economic DevelopmentWhere has the Division of Labour Gone?The "Steps" of Inframarginal AnalysisEven a Simple Inframarginal Model has Much to Say About DevelopmentConcluding RemarksReferences

Keywords: Inframarginal; Transaction Costs; Division of Labor (search for similar items in EconPapers)
Date: 2006
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