ADAM Smith, the founding father of economics, had a fascination for manufacturing. In his book, The Wealth of Nations, Smith condemns as unproductive the labours of “churchmen, lawyers, physicians, men of letters of all kinds; players, buffoons, musicians, opera singers, opera dancers, etc”. We may easily dismiss Smith’s tirade against the services sector. Surely, his bluster seems outdated. It is clearly at odds with the pre-eminence of the services sector in advanced countries, and in Malaysia.