Free To Choose Network | The Real Adam Smith
The Real Adam Smith
Morality & Markets: Division of Labor
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.
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