SPONTANEOUS ORDER AND CIVIL SOCIETY - Kosmos
SPONTANEOUS ORDER AND CIVIL SOCIETY - Kosmos
SPONTANEOUS ORDER AND CIVIL SOCIETY - Kosmos
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<strong>SPONTANEOUS</strong> SOCIAL<br />
INSTITUTIONS<br />
๏Adam Smith was the first to notice how important<br />
institutions in social and political life are examples of<br />
spontaneous order<br />
๏Smith made the case that the division of labor is<br />
responsible for producing wealth, yet is by no one’s<br />
design<br />
๏The division of labor is what Smith identifies as the<br />
feature of human social organization most responsible<br />
for wealth and prosperity<br />
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