A Critique of Mises and Rothbard
Even the most passionate defenders of free trade, such as Mises and Rothbard, claim that trade cannot occur under conditions of strict homogeneity of land, labor, and capital. We show that specialization, trade, and the division of labor can emerge even when resources are initially homogenous, due to "natural heterogeneity," economies of scale, and learning. Copyright 2007 American Journal of Economics and Sociology, Inc..
Year of publication: |
2007
|
---|---|
Authors: | Block, Walter ; Hansen, Per Henrik ; Klein, Peter G. |
Published in: |
American Journal of Economics and Sociology. - Wiley Blackwell. - Vol. 66.2007, 2, p. 457-464
|
Publisher: |
Wiley Blackwell |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The division of labor under homogeneity : a critique of Mises and Rothbard
Block, Walter, (2007)
-
Tarp, Finn, (2014)
-
Rejoinder to Machaj on indifference
Block, Walter, (2009)
- More ...