Adam Smith was wrong: we need to diversify, not specialize

The crazy things about economics is that so much of what we’re taught growing up is actually wrong. Today we take a look at the myth about specialization by talking about Fitzcarraldo, biology and the impact that diversification has had on Ireland <p>Join the gang! <a target="_blank" rel="payment" href="https://plus.acast.com/s/the-david-mcwilliams-podcast">https://plus.acast.com/s/the-david-mcwilliams-podcast</a>.</p> <br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>