The Deliberate Deception in Ricardo’s Defence of Comparative Advantage by Steve Keen[1] and Vox Day[2]

" #Ricardo ’s arithmetical example of the gains from #trade considers only the transfer of #labour between #industries, and ignores the need to transfer physical #capital as well...."

#ComparativeAdvantage #Keen

profstevekeen.substack.com/p/the-delibe...

Cabinet Secretary Mairi Gougeon by Chris Watt Photography

How Do We Feed Everyone, Everywhere? Insights From Scotland’s Global Food Security Conference - organised by SEFARI Gateway and Scottish Government.

🔗 tinyurl.com/FoodSecurity...

#FoodSecurity #ComparativeAdvantage

Trump Wants America to Make Things Again. Does It Have What It Takes?

Trump Wants America to Make Things Again. Does It Have What It Takes? www.nytimes.com/2025/06/04/b...

#productivity #manufacturing #US #onshoring #trade #supplychain #ComparativeAdvantage #employment #skills

☕️ No more Ethiopian coffee?


#JeffreySachs #TrumpTariffs #CoffeeEconomics #ComparativeAdvantage #TradePolicy #LegalMattersCy

Instead of thinking about how to monetize the presidency for his personal gain, the leader of the #RepublicanParty #GOP might try thinking about how understanding the Law of #ComparativeAdvantage would make #America #USA better off.

In a Storm of Tariffs, Many Companies See China as the Safest Harbor The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.

In a Storm of Tariffs, Many Companies See China as the Safest Harbor

www.nytimes.com/2025/04/09/b...

#china #ComparativeAdvantage #skills #trade #manufacturing #supplychain #inflation #interestrates #tradefinance

Comparative Advantage in Global Trade
Learn why trade can benefit a nation even when it can make everything itself.
#ComparativeAdvantage #trade #tariffs #TradeWar #economy #economics #DavidRicardo #econ101 #trump

Rainier Beer shortage has Seattle taps dry and fans frothing It hasn't always been easy for Seattle fans of Rainier Beer. There were the traumas of the 1970s, when the quintessential Seattle company was sold to the first in a string of out-of-state beer conglo...

Following Trump's trade policies to their logical conclusion, I propose that WA state impose a HOPS EMBARGO on the rest of the nation in order to bring good-paying beer manufacturing jobs back home! WA grows 71% of the nation's hops, and we should brew 71% of the nation's beer!
#ComparativeAdvantage

It seems our executive would rather be #1 in a relegation league than in second place in the Premier league. #tarrifs #AdamSmith #comparativeadvantage #freemarket #thereisnofixedpie #football

Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible? The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of free...

Trump Is Promising a Manufacturing Renaissance. Is That Even Possible? www.nytimes.com/2025/04/03/b...

#manufacturing #tariffs #trade #ComparativeAdvantage #supplychain #skills #RawMaterials #investment #growth #BalanceofPayments

A Canadian Company’s Tariff ‘Double Whammy’ Highlights Trouble for the Economy A family business in Ottawa that makes special shoulder rests for violins is imperiled by both Trump’s tariffs on Canada and potential Canadian retaliation.

A Canadian Company’s Tariff ‘Double Whammy’ Highlights Trouble for the Economy www.nytimes.com/2025/04/02/b...

#trade #supplychain #tariffs #interestrates #inflation #jobs #employment #comparativeAdvantage

#Ricardo
#comparativeadvantage

OSF

New preprint out now! 💥 In using administrative #geodata from Germany, @patzinaalex.bsky.social, @katymorris.bsky.social and me identify the #causal effect of #dropout in using a distance-based #IV approach. #comparativeadvantage #vet #spatial #sociology

osf.io/preprints/so...

@natjdyer.bsky.social see also this piece from 2020 by Chris Yapp (via LinkedIn)
#Ricardo
#ComparativeAdvantage

#FreeMarket #ComparativeAdvantage

Replaced all the American electrical components of a 50 year old lamp with Chinese made components. #ComparativeAdvantage