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493. Why Does the Most Monotonous Job in the World Pay $1 Million?

Freakonomics Radio

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The Wealth of Specialization: From Pins to Prairie Life

This chapter examines how specialization enhances productivity and wealth through historical examples, notably Adam Smith's pin-making illustration. It also highlights the drawbacks of being a 'jack of all trades' by referencing Paul Ingalls from 'Little House on the Prairie.'

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