Well, the guy who invented the horseshoe died thousands of years ago.
And the idea that one location making all the horseshoes means each village is minus one living is ignoring the other effects.
Now, all the villagers can get cheaper horseshoes, so they don’t have to spend as many resources on shoes for their horses, and can now invest more into what their village is best at, and sell those goods to other villages.
Of course, that doesn’t mean the blacksmith isn’t out of a job, but I always hate that so many people think the solution to that problem is to just give up the economic benefits of specialization instead of working to improve the distribution of the gains.
And the idea that one location making all the horseshoes means each village is minus one living is ignoring the other effects.
Now, all the villagers can get cheaper horseshoes, so they don’t have to spend as many resources on shoes for their horses, and can now invest more into what their village is best at, and sell those goods to other villages.
Basic Ricardian Economics: https://en.wikipedia.org/wiki/Ricardian_economics
Of course, that doesn’t mean the blacksmith isn’t out of a job, but I always hate that so many people think the solution to that problem is to just give up the economic benefits of specialization instead of working to improve the distribution of the gains.