The example comes from Adam Smith at the beginning of The Wealth of Nations describing the woolen coat as the produce of the joint labor of a great multitude of workmen.

factualpending

Speaker

Russ Roberts

Evidence Quote

the example comes from Adam Smith it's right in the beginning of The Wealth of Nations and he talks about the woolen coat

Source

Dan Klein on Coordination and Cooperation 02/04/2008EconTalk
Created: 6/15/2026, 9:36:53 AM

My Notes

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