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that kind of profiting--that way of profiting from specialized expertise
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is foundational to market societies, foundational to their wealth.
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Now the actual fate of the pin machine is interesting,
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and personal to my family.
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It turns out that in 1831, a New York physician named John Ireland Howe
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began to tinker with the idea of making a machine
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where wire went in one end
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and polished pins came out the other in their thousands.
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By 1851 he perfected what was called the Howe Pin Machine.
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There's a room in the Smithsonian to this day
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where a Howe Pin Machine sits
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and a movie of its operation goes on behind it.