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Keywords: Classical economists
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Journal Articles
International Journal of Social Economics (2012) 39 (5): 304–313.
Published: 06 April 2012
... Rate of profit Competition Adam Smith Classical economists Stationary state Profit valuations Competitive strategy In this paper we shall endeavour to present the salient features of Smith's argument of the falling rate of profit. Surprising as it might be Smith's analysis is much more...
