Divine Proportion of The Invisible Hand: a New Look at Adam Smith’s Natural Theology
Recent research on labor-search-leisure model has described local multiple equilibria of Invisible hand under wage and price dispersion. This paper analyzes the general competitive equilibrium, where the Invisible hand creates harmonic proportions of mutually beneficial exchange. The analys...
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| Format: | Article |
| Language: | English |
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Ltd. "Humanities Perspectives"
2022-03-01
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| Series: | Журнал институциональных исследований |
| Online Access: | https://hjournal.ru/en/journals/journal-of-institutional-studies/2022/272-no-1/2310-divine-proportion-of-the-invisible-hand-a-new-look-at-adam-smith-s-natural-theology.html |