Understanding Training Function (Competent Trainer's Toolkit

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Pp. 24-59.] In 1776, Adam Smith opened The Wealth of Nations with the observation that "the greatest improvements in the productive powers of labour, and the greatest part of the skill, dexterity, and judgement with which it is anywhere directed, or applied, seem to have been the effects of the division of labour." 1 Despite the numerous economic advantages thus derived, however, Smith insisted that the division of labor was not itself the effect of any human wisdom or foresight; rather, it was the necessary, albeit very slow and gradual, consequence of a certain propensity in human nature -- "the propensity to truck, barter, and exchange one thing for another." 2 Common to all men, this propensity could be found in no other animals; and, subsequently encouraged by the recognition of individual self-interest, it gave rise to differences among men more extensive, more important, and ultimately more useful than those implied by their natural endowments.

Pages: 96

Publisher: Nichols Publishing Company (January 1994)

ISBN: 0893974315

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