Free To Choose Network | The Real Adam Smith
The Real Adam Smith
Ideas that Changed the World: Airbus & Division of Labor
The Airbus factory in Toulouse, France is an amazing modern illustration of Adam Smith’s division of labor concept. An A380 aircraft is crafted from about 4 million individual parts produced by 1500 suppliers in over 30 countries.
Video Samples - Morality and Markets
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Main Preview
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Division of Labor
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Impartial Spectator
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Man of Systems
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Monopolies
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Self-Interest / Invisible Hand / Supply & Demand
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What is Wealth?
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Why Care About Adam Smith?
Video Samples - Ideas that Changed the World
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Main Preview
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Airbus & Division of Labor
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China Embraces Market Economy
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Don't Feed Business
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Hong Kong and Smith
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Invisible Hand - eBay
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Whole Foods - Markets with a Mission