Posts Tagged ‘specialization’

  • Ukraine and International Trade

    Ukrainian Economics

    Dec 6, 13 • 858 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]

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    The New Economics of Marriage

    May 17, 12 • 344 Views • No Comments

    When North Carolina’s voters rejected same sex marriage, they were not thinking economically. Traditionally, marriage has been about specialization. With the husband in the labor force and the wife at home, their division of labor resembled a small...  [read more]

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    Locavore Legislation

    Dec 3, 11 • 223 Views • No Comments

    Being a locavore can be confusing. Eating broccoli from the local farm stand tastes good and makes many of us feel good. It is a pleasure to support local farmers and get vegetables the day they were picked. On the other hand, inefficiency is one huge...  [read more]

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    African Notes

    Sep 30, 11 • 263 Views • No Comments

    If you were asked to select the world’s fastest growing economies, maybe you would place China at the top of your list.  This Economist Daily Chart sums it all up. 6 of the world’s fastest growing economies, 2001-2010, are located in...  [read more]

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    Ricardo and China

    Mar 18, 10 • 289 Views • No Comments

    What happens when you build an airport and nobody uses it?  China has an answer. Although China faces underutilization as it develops its transportation infrastructure in the air, by rail and roads,  it seems to be continuing. China’s...  [read more]