From the New World cover image

Arnold Kling: How Economics Starts with Specialization

From the New World

00:00

The Role of Specialization in Economic Growth

I think I don't remember who made this observation. Trump was kind of vice-signaling, right? He was not going to look down on people for having a fair if you've had an affair or something like that,. Yeah. Adam Smith marveled at just all the work that had to be done in order to get a cloth coat to a worker. The more special he could make his workers, the richer they became.

Play episode from 01:02:22
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app