Application for a Stipend from the Columbia University Council for Research in the Social Sciences (17 March 1950)
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1. Origins of trade and money separate from markets
From Aristotle to Karl Marx, economic specialization or increasing division of labor was traditionally identified with the development of trade, money and markets. […]
2. Separate external and internal development
Max Weber in his epochal work on the origins of some economic institutions suggested that foreign sphere; and that organized markets were developed first in external trade. Richard Thurnwald followed this up with facts drawn from the economic life of primitive commodities. […]
3. Non-market economies
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Reference:
Date: March 17, 1950
KPA: 31/15, 1-3