Why A. Smith Might Have Been Right, After All - American Journal of Industrial and Business Management

AJIBM > Vol.9 No.11, November 2019

Why A. Smith Might Have Been Right, After All ()

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Download as PDF (Size: 274KB) PP. 1980-1982

DOI: 10.4236/ajibm.2019.911129 339 Downloads 1,012 Views Citations

Author(s)

Mario De Marchi

Affiliation(s)

CNR-IRCRES, Consiglio Nazionale Delle Ricerche, Istituto di Ricerca Sulla Crescita Economica Sostenibile, Roma, Italy.

ABSTRACT

An attempt is made here at proving a controversial intuition: real profits may be determined by prices not by wages.

KEYWORDS

Methodology of Economics, Theory of Prices and Income Distribution

Share and Cite:

Marchi, M. (2019) Why A. Smith Might Have Been Right, After All. American Journal of Industrial and Business Management, 9, 1980-1982. doi: 10.4236/ajibm.2019.911129.

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