An Essay on Economic Theory

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1.3. Villages

  • An Essay on Economic Theory by Richard Cantillon

Tags Monetary TheoryValue and Exchange

12/01/2014Richard Cantillon

In this first of four chapters on economic geography and location theory, Cantillon explains that settlements are based on the requirements of production, especially the quantity of labor, and the extent of the specialization and division of labor.

From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.

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