ECONOMIC PROGRESS AND ADAM SMITH’S DILEMMA

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Diane Coyle
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引用次数: 0

Abstract

Adam Smith saw the division of labour and specialisation as the driver of ‘universal opulence’, a process limited by the scope of the market. He also believed that competition was essential to ensure growth benefited the public. Yet eventually there could be a trade-off between these two mechanisms. In today’s era of global production networks, the markets at certain links in supply chains may support just one specialised supplier; and in winner-take-all digital markets there is a single supplier even at global scale. When the scope of the market is global, there may be a trade-off between specialisation and competition.
经济进步与亚当·斯密的困境
亚当·斯密认为劳动分工和专业化是“普遍富裕”的驱动力,这一过程受到市场范围的限制。他还认为,竞争是确保经济增长惠及公众的必要条件。然而,最终这两种机制之间可能会有一种权衡。在当今全球生产网络的时代,供应链中某些环节的市场可能只支持一家专业供应商;在赢者通吃的数字市场中,即使在全球范围内,供应商也是单一的。当市场的范围是全球性的,在专业化和竞争之间可能存在一种权衡。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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