: It wasn't out of "benevolence" or kindness that the butcher prepared the meat or the baker baked the bread. They did it to provide for their own families.
: Smith realized this division of labor was the engine of productivity. It allowed individuals to specialize, innovate, and collectively create wealth that benefited everyone. The Butcher, the Brewer, and the Baker adam smith
: Smith famously wrote that we don't expect our dinner from the benevolence of these tradesmen, but from their regard to their own interest. : It wasn't out of "benevolence" or kindness
One crisp morning, Smith walked into a small factory. He saw ten men huddled over a workbench. Instead of one man painstakingly crafting a single pin from start to finish, the work was divided. the work was divided.