Showing posts with label division of labor. Show all posts
Showing posts with label division of labor. Show all posts

Tuesday, April 8, 2014

Guy Numa — Charles Babbage and the History of Innovative Thinking


Good summary of the contributions of Charles Babbage to economics. His work also had far-reaching consequences in business and business theory. He can be viewed as one of the founders of modern market capitalism based on efficiency.

INET Blog
Charles Babbage and the History of Innovative Thinking
Guy Numa

Monday, June 25, 2012

Division of labor was pre-Smithian


"Division of labor" was not an invention of Adam Smith.

Read it at INET | History of Economics Playground (very short)
Division of labour was common knowledge by the 1770s
by Benjamin Mitra-Kahn