Adam Smith's "Tolerable Administration of Justice" and the Wealth of Nations
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In the Wealth of Nations, Adam Smith argues that a country's national income depends on its labor productivity, which in turn hinges on the division of labor. But why are some countries able to take advantage of the division of labor and become rich, while others fail to do so and remain poor? Smith
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美国国家经济研究局创建时间：
2014-11-01
