...may. purchase whatever part of the produce of other mens talents he has occasion for, CHAP. III. > That the division of labour is limited by the extent of the market. As it is the power of exchanging that gives occasion to the division of labour, so the extent...

...that we expect our dinner, but from their regard to their own interest." 1 He then proceeds to show that the division of labour is limited by the extent of the market; from this he traces the origin and use of money; until in this manner he exhibits the entire...

...may purchase whatever part of the produce of other men's talents he has occasion for. CHAP. III.— That the Division of Labour is limited by the Extent of the Market. As it is the power of exchanging that gives occasion to the division of labour, so the extent...

...whatever part of the produce of other men's talents for which he has occasion, pp. 17-18. CHAPTER III. That the division of Labour is limited by the extent of the market. IT is the POWER or EXCHANGING that gives occasion to the division of labour ; therefore the...

...Division of Labour 5 - II. Of the Principle which gives occasion to the Division of Labour 16 - III. That the Division of Labour is limited by the Extent of the Market 20 IV. Of the Origin and the Use of Money 24 V. Of the real and nominal Price of Commodities,...

...non seulement avantageuse pour les consomma• 1. C'est le titre du chapitre III du premier livre (« That the division of labour is limited by the extent of the market »). 2. Wealth of Nation», livre I, ch. II et III. 3. Les Considerations upon the East India...

...were farmers . ' No better illustration than this could be desired of the famous dictum of Adam Smith that "the division of labour is limited by the extent of the market." He says: "As it is the power of exchanging that gives occasion to the division of labour,...

...producers in the state, we do not expect to find him enunciating, for instance, such a doctrine as that the division of labour is limited by the extent of the market. Similarly the reader is doomed to disappointment if, in studying the distribution of land and...

...and wages, between cost of production and extent of market. Long before Adam Smith, it demonstrated that " the division of labour is limited by the extent of the market," and it analysed the economic results of mechanical inventions. At a time when people had hazy...

...might say, of the causes of economic growth. Chapter I, "Of the Division of Labour," and Chapter III, "That the Division of Labour is limited by the Extent of the Market," contain the twin ideas of complexity and differentiation from the market. 1 This implicit...