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 ...
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. Read our full range of US High School economics picks ...
In her column “How to predict the effect of AI on growth” (Opinion, May 10) Soumaya Keynes asks whether artificial intelligence will be the “avocado slicer . . . or the microwave”. She suggests it ...
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