Posts Tagged ‘comparative advantage’

  • Economic Geography British Coastline Mandelbrot

    One Reason That Geography Matters

    Jan 5, 14 • 1997 Views • No Comments

    Have you ever looked closely at Japan and the United Kingdom? Described by geographer Jared Diamond in a fascinating podcast, they look remarkably similar. Today Japan and the British Isles are modern industrial societies.  Both are north/south archipelagos......  [read more]

  • New Year's Resolution Top Ten Ways to Sound Like Economist

    Top Ten Ways to Sound Like an Economist

    Jan 1, 14 • 1143 Views • 2 Comments

    You might find it handy sometimes to sound like an economist. Here are the top ten ways: 1. Whatever the question, always answer, “There’s no such thing as a free lunch.” 2. Defend a decision by declaring, “It was worth the opportunity......  [read more]

  • women's history housekeeping

    The Reason Female Scientists Do Housework

    Dec 9, 13 • 902 Views • No Comments

    Nobel laureate Carol W. Greider was doing the wash when her early morning call came from Stockholm. A study from the Organization for Economic Cooperation and Development (OECD) compared unpaid household work in 29 countries. Predictably, they concluded that......  [read more]

  • Ukraine and International Trade

    Ukrainian Economics

    Dec 6, 13 • 1477 Views • No Comments

    Fewer bottles of kodrinskoie-sparkling will be served at Russian holiday celebrations. Declaring that Moldova’s exports no longer met its food quality standards, Russia has blocked Moldovan wine exports. In the past, Ukrainian cheese and chocolate have......  [read more]

  • Chinese Foreign Direct Investment in the US

    The Surprising Ways That China is a Part of Our Lives

    Oct 29, 13 • 1040 Views • No Comments

    Did you eat a Smithfield ham sandwich today? Go to an AMC multiplex? Drive a Volvo? The ham, the movies and the car are from Chinese companies. One reason that Hong Kong based Shuanghui International bought Smithfield is because China needs more pork.......  [read more]