Faculty Publications

A Note On The Short-Run “Productiveness” Of Labor Services

Document Type

Article

Journal/Book/Conference Title

Humanomics

Volume

13

Issue

2

First Page

80

Last Page

89

Abstract

Since the time of Adam Smith, classical and Marxist economists have made a distinction between productive and unproductive labor. According to Smith, productive is that “labour which adds to the value of the subject upon which it is bestowed” (Smith, 1937, 314). © 1997, MCB UP Limited

Department

Department of Economics

Original Publication Date

2-1-1997

DOI of published version

10.1108/eb018792

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