Tsoulfidis, Lefteris; Paitaridis, Dimitris - In: International Journal of Social Economics 39 (2012) May, pp. 304-313
Purpose – This paper aims to present the salient features of Smith's argument of the falling rate of profit. This … Smith's insights of the falling rate of profit. Findings – In the author's view, Smith's analysis of the falling tendency in … the rate of profit is by far more complex than usually presented and that the intensification of competition is the result …