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The Wealth of Nations

In Our Time: Philosophy

CHAPTER

The Master's Definition of the Master

Commercial society is a society n which every man becomes, in some measure, a merchant. He's famously given us the idea of the division of labour an with his famous example, the pin factory. So he discusses how if we can get people to divide labour up between them, then they can specialize and then when you specialize, you get better at the job you're doing.

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