Tag Archives: Comparative Advantage

Positive Economics And International Trade

It seems to me…. “The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” ~ Thomas … Continue reading

Posted in Automation, Automation, Automation, College, College, Comparative Advantage, Comprehensive and Progressive Trans-Pacific Partnership, Computerization, Consumer Surplus, CPTPP, Disparity, Education, Elections, Employment, Employment, Employment, employment, EU, EU, European Union, European Union, Exports, Globalization, Globalization, High School, Imports, Income, Inequality, Inequality, Japan, Japan, Jobs, Manufacturing, NAFTA, Normative Economics, normative EconomicsN, North American Free Trade Agreement, Off-Shoring, Off-Shoring, Offshoring, Outsourcing, Positive Economics, Producer Surplus, Technology, TPP, Trade, Trade, Trans-Pacific Partnership, Trump, University, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Global Trade Opportunities

It seems to me…. “I am in favor of helping the prosperity of all countries because, when we are all prosperous, the trade with each becomes more valuable to the other.” ~ William Howard Taft[1]. Liberals, and some conservatives, are … Continue reading

Posted in Agriculture, Automation, Candidate, Comparative Advantage, Compensation, Corporation, ECON-101, Economics, economics, Economy, Education, Employment, Employment, Entertainment, Finance, Ford, Globalization, Henry Ford, Infrastructure, Inversion, Jobs, Labor, Markets, Markets, Offshoring, Pandering, Production, Productivity, Smoot–Hawley, Technology, Technology, Technology, Trade, Trade, Training, Transportation, Transportation, Wages, World Trade Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments