Abstract
My question—why those whose work is most necessary typically earn the least—has a noble pedigree. Almost two and a half centuries ago, Adam Smith, often considered to be the patron saint of economics, also puzzled over the unfortunate fate of farm workers. In fact, this very question seems to have provoked him to formulate the centerpiece of his economic theory—the division of labor.
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© 2003 Michael Perelman
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Perelman, M. (2003). Adam Smith and the Farm Worker Paradox. In: The Perverse Economy. Palgrave Macmillan, New York. https://doi.org/10.1057/9781403980267_2
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DOI: https://doi.org/10.1057/9781403980267_2
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-4039-7087-9
Online ISBN: 978-1-4039-8026-7
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