Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.

This release is available in German. Division of labour is not only a defining feature of human societies but is also omnipresent among the building blocks of biological organisms and is considered a ...

Human societies have long depended on the division of labor to thrive—walk into any town, and you can probably find bakers baking bread, truck drivers driving that bread to market and grocers selling ...

Economists and philosophers are trying to rethink our social models. Collaborative models are being imagined as a way of hoping to live in a better society. At the heart of this question is the ...

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