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Reason
Reason
Reason Staff

Archives: July 2023

Adam Smith John Howe

6 years ago
May 2017

"By improving workers' skills and encouraging purpose-built machinery, the division of labor leads to miraculous productivity gains. Even a small and ill-equipped manufacturer, [Adam] Smith wrote in The Wealth of Nations, could boost each worker's output from a handful of pins a day to nearly 5,000.

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