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According to the standpoint of evolutionary economics, the social division of labor is the most important social institution in civilization.Explain why this is so from

According to the standpoint of evolutionary economics, the social division of labor is the most important social institution in civilization.Explain why this is so from the evolutionary perspective.Why is government or the rule of law deemed not to be the most important social institution in civilization?

Distinguish between indirect and direct exchange.

What is the fatal conceit as identified by Fredrich A. Hayek?

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