Did Adam Smith have a labor theory of value?

2015-04-21 6:02 am
also why did Smith discard gold/silver and corn as acceptable measures of exchange?

回答 (3)

2015-04-21 11:19 am
Yes, his labor theory is called specialization, not that the labor cannot go golfing.
2015-04-21 8:14 am
Smith was a great believer in using the division of labour to increase production and profit by lowering unit costs.
2015-04-21 6:39 am
"Did Adam Smith have a labor theory of value?"

Yes.

"also why did Smith discard gold/silver and corn as acceptable measures of exchange?"

Don t know.


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