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Specialization increases productivity and efficiency from "summary" of The Rational Optimist by Matt Ridley
Specialization is a fundamental concept that drives human progress and innovation. By focusing on a specific task or skill, individuals can become experts in their field, leading to increased productivity and efficiency. This is because when people specialize, they can perform their tasks more quickly and accurately than if they were to divide their time among multiple different tasks. Furthermore, specialization allows for the division of labor, where individuals can focus on what they do best and trade their goods or services with others who specialize in different areas...Similar Posts
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