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Description
While it has been pointed to time and again by governments and pundits promoting laissez-faire economics, the Wealth of Nations actually shows that Adam Smith viewed capitalism with a deep suspicion, and tempered his celebration of a self-regulating market with a darker vision of the... read more
First Sentence
The greatest improvement in the productive powers of labour and the greater part of the skill, dexterity, and judgment with which it is any where directed, or applied, seem to have been the effects of the division of labour.
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