|The following attempts to explain the most important idea in the history of social analysis.
I speak of the division of labor, also known as the law of comparative advantage or the law of comparative cost, and also known as the law of association. Call it what you will, it is probably the single greatest contribution that economics has made to human understanding.
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Darren Wolfe is the former Eastern Vice Chair of the Libertarian Party of Pennsylvania. He presently blogs as the International Libertarian http://www.theinternationallibertarian.blogspot.com/ His articles have also appeared in Ammoland.com, (more...)
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