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There is more of a mystery to the origin of the pin factory that Adam Smith (1776) discusses in his Wealth of Nations than is generally realized.
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p. 97

 

John Henry Holland

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...1776 is a very significant year. and this is not just because the American Revolution began. Watt's patent of the steam engine... Adam Smith's Wealth of Nations... the failure of the French to reorganize their political system occurred in 1776, and so forth. ...The destruction of communities, the destruction of religion and the frustration of emotions were greatly intensified by the Industrial Revolution: railroads, factories, growth of cities, technological revolution in the countryside and in the growing of food and so forth.

 

Carroll Quigley

 

The economic principles of Modern Socialism are a logical deduction from the principle laid down by Adam Smith in the early chapters of his “Wealth of Nations,” — namely, that labor is the true measure of price. But Adam Smith, after stating this principle most clearly and concisely, immediately abandoned all further consideration of it to devote himself to showing what actually does measure price, and how, therefore, wealth is at present distributed. Since his day nearly all the political economists have followed his example by confining their function to the description of society as it is, in its industrial and commercial phases. Socialism, on the contrary, extends its function to the description of society as it should be, and the discovery of the means of making it what it should be.

 

Benjamin Tucker

 

But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts.

 

Paul Ormerod

 

The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

 

Milton Friedman

 

Adam Smith, who has strong claim to being both the Adam and the Smith of systematic economics, was a professor of moral philosophy and it was at that forge that economics was made.

 

Adam Smith