The encyclopaedic interest in nature, although in White's day culminating in the monumental synthesis of Buffon, was also disappearing before the analytic specialism inaugurated by Linnaeus; yet the catholic interests of the simple naturalist of Selborne fully reappear a century later in the greater naturalist of Down, Charles Darwin.
Now, supposing dealing to be confined to experts, what effects upon the course of prices would one expect from the specialism of the cotton market and improved facilities Effect specula= for dealing, on the assumption that dealers were governed wholly in their actions by the course of prices and never tried to manipulate them?
Possibly the advantages of specialism might be retained and yet the elasticity of supply be enhanced.
How would you define specialism? Add your definition here.