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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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The Law of Association

Labor under the division of labor is more productive than isolated labor. Human action itself tends toward co operation and association. Ricardo's first aim in expounding this law was to refute an objection raised against freedom of international trade. If people fare better without exploiting the comparatively unsatisfactory physical conditions of production offered by this country they will not etle here, he says.

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