Industrial Development and Division of Labour

Industrial Development and Division of Labour

This book reviews the history of the industrial policy debate. It categorises debate stances around Adam Smith's two types of division of labour and critically examines the usefulness of the Neoclassical notion of market failure and the 'learning' conceptualised thereupon. The book is of interest to economists......
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This book reviews the history of the industrial policy debate. It categorises debate stances around Adam Smith's two types of division of labour and critically examines the usefulness of the Neoclassical notion of market failure and the 'learning' conceptualised thereupon. The book is of interest to economists and policymakers alike.

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