 The second argument is that markets fuel individuals’ energies because they give them incentives to find socially useful ways in which to use their talents. As Adam Smith’s famous (if often abused) quote goes: “It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest” (WN I.II.2). Smith’s aim is not to give an account of human nature as fundamentally egoistic. Rather, he points out that markets tap a source of motivation that goes beyond the benevolence that people show within a small circle of family members and friends. Their self-interest connects individuals to a much wider range of exchange partners, which allows for a greater division of labor and hence more efficient production. Defenders of markets also hold that they support innovation because they give individuals the possibility of using new techniques and new combinations of factors of production, and they provide capital for entrepreneurs and inventors. This leads to a dynamic process of “creative destruction” that helps raise the standard of living (Schumpeter 1942, who popularized this Marxist term).