Adam Smith, Book 1, Ch. 3, Extent of the Market

Transcript

now let's turn to the very famous and very insightful book 1 chapter 3 this has the very descriptive and also very insightful title quote that the division of labor is limited by the extent of the market and this has gone on to be one of Adam Smith's most famous phrases Smith notes that there are some jobs which we really only find in cities Smith ... Read More