Morality & Markets - Division of Labor

1,483 views · Published 14 January 2016 · 1:05 · Indexed 18 October 2026

Channel: Free To Choose Network · 2016 · Entertainment

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You do your part, I’ll do mine. According to Adam Smith, that’s how we get the greatest prosperity. So how did he demonstrate specialization and the division of labor? In one of the early factories that used it.

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