Back to Search Start Over

Adam Smith needs a paper clip: the pin factory re-examined

Authors :
Postrel, Virginia
Source :
Reason Magazine. May 1, 2017, p14, 2 p.
Publication Year :
2017

Abstract

ADAM SMITH FAMOUSLY used a pin factory to illustrate the advantages of specialization, choosing this 'very trifling manufacture' because the different tasks were performed under one roof: 'One man draws [...]

Subjects

Subjects :
Sewing -- Equipment and supplies
Paper clips -- Innovations
Economists -- Beliefs, opinions and attitudes
Humanities
Philosophy and religion
Political science

Details

Language :
English
ISSN :
00486906
Database :
Gale General OneFile
Journal :
Reason Magazine
Publication Type :
Periodical
Accession number :
edsgcl.489256202

Tools

Authors Abstract Subjects Details