Thursday, March 27, 2014
Saturday, March 15, 2014
If your parents have ever divided household chores among you and your siblings, then you know what the division of labor is. So-and-so mops the floor, so-and-so does the vacuuming, and so-and-so cleans the toilets. (Lucky for them, huh?) The labor gets divided among multiple people, with each person getting a certain kind of task.
The concept is not a new one, and labor has been divided among several people for centuries. But it was not until comparatively recently that its advantages were systematically explained. Adam Smith explained it well more than 200 years ago, and his words about its importance still have relevance today. There are advantages to dividing the labor, and these advantages have great importance for society. So with that in mind, I will now turn to what he said about this concept.
Friday, March 7, 2014
Those who first met me in my adulthood might be surprised to hear that I was once really into computers. In my generation, I was introduced to computers at a very early age, and I often enjoyed going to my dad's office to play with his computer. When our family got a computer at home, my sister still enjoyed going to my dad's work and being in his office, but my interest in this suddenly waned (as my dad often mentions with a smile). I decided to play with my computer at home instead.