Economics

Millions of people work together to build that smartphone you are using. No one person has the know-how to build it. Thousands of inventions were needed before making the first one.

“I, Smartphone”, from the Institute for Faith, Work & Economics, is a superb visual explaining the long supply chain and incredible range of skills needed to get that phone into your hands.

[youtube=http://www.youtube.com/watch?v=V1Ze_wpS_o0&feature=player_embedded#t=17s]

The link if needed: http://www.youtube.com/watch?v=V1Ze_wpS_o0&feature=player_embedded#t=17s

This is an update of the classic “I, Pencil”, which I mentioned here.

No one person has the skills

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No one person on the planet has all the knowledge or skills necessary to make one pencil. It takes multiple millions of people contributing their specialized skills just to make one.

That story is told in “I, Pencil: My Family Tree as told to Leonard E. Read”, which you can find here.

I’ve long been aware of that article, but am embarrassed to admit I’ve never read it before today.

It is brilliant.

Here’s the core idea:

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