Microeconomics quick response
Read the attached document and watch video provided, write a response to the following questions
- What does Thoreau think of the division of labor? Explain.
- Do you see a similarity between Thoreau’s views and the message implied by Charlie Chaplin’s famous “Factory Scene”? Explain. What is given up when we have a division of labor?
- How would a classical economist (such as Adam Smith or David Ricardo) respond to Thoreau? (and Charlie Chaplin. :))
- What is your vision of the division of labor after studying chapter 3 and reading the Thoreau and Smith passages?