Travel china.com

Travel china.com

Travel china.com

Travel china.com

Travel china.com

Travel china.com

Travel china.com

Travel china.com

Travel china.com for It should be noted that logically this argument could run in either direction. Exchange depends on specialization as much as specialization depends on exchange. Smith’s argument, however, is that specialization depends on exchange. In this chapter Smith also argues that the general phenomenon of increased productivity through exchange and specialization is not the result of brilliant human planning, but that it was instead a consequence of a natural human propensity to truck, barter, and exchange. This is one expression of the idea that the market system is an unintended consequence of human action. Smith also points out that it is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We are not fed by good intentions. Travel china.com 2016.

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