pull down to refresh

0 sats \ 2 replies \ @Undisciplined 10 Jan \ parent \ on: Stacker Saloon

It really isn't. It's a 200 year old insight from David Ricardo that's one of the pillars of economic thought.

write
preview
0 sats \ 1 reply \ @Car 10 Jan

I'll check him out!

reply
0 sats \ 0 replies \ @Undisciplined 10 Jan

The question he was seeking to answer is why rich countries trade with poor countries when rich countries are more productive at making everything.

This answer, comparative advantage, is monumentally important for understanding the world around you.

reply