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Topic: American History
Number of pages / Number of words: 5 / 1300
Essay's paper body

Since The Wealth of Nations in 1776 economists had moved away

from a study of what induces economic development to a study of the allocation of

resources . One of the virtues of the staples thesis was its rounded approach to both

development and efficient allocation. In the language of Thomas Kuhn (1962) this was a

paradigm, reflecting a world view...


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One of the virtues of the staples thesis was its rounded approach to both

development and efficient allocation. In the language of Thomas Kuhn (1962) this was a

paradigm, reflecting a world view.

In Innis's staples approach considerable attention is directed towards the physical

characteristics of the particular staple product under consideration...


Essay fragment

General points of the essay

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