How does Adam Smith's wealth of nations relate to modern inequality?
My central thesis was that the division of labor and free trade lead to an increase in the overall wealth of a nation, benefiting even the lowest strata of society by providing them with more goods and services at lower prices. While I observed differences in wealth, my focus was on the expansion of the economic pie. Contemporary discussions on inequality might require examining how the benefits of this expansion are distributed, a question that extends beyond the scope of my primary inquiries.
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