Explore how comparative advantage affects trade, contrasts with absolute advantage, and guides nations in maximizing economic ...

Kennedy, Robert E., and Nancy F. Koehn. "Economic Gains from Trade: Comparative Advantage." Harvard Business School Background Note 796-183, June 1996. (Revised November 1996.) ...

A comparative advantage can be something inherent, in the way a person’s height might make them better at basketball. It can also be developed and improved, the way one basketball player can become ...

The great mathematician Stanislaw Ulam challenged the great economist Paul Samuelson to name a principle in the social sciences that was both true and nonobvious. Samuelson thought for a bit, then ...

The JEI has been internationally respected journal of institutional and evolutionary economics since its founding in 1967. The journal has published articles that describe aspects of evolving economic ...

I think we will all happily take, as a sterling standard of impossibility, the idea of my ever winning a Nobel in anything. Even the Peace Prize which has been offered to some pretty odd people over ...

Fresh out of graduate school, economist Samuel Kortum ’92 Ph.D. began collaborating with Jonathan Eaton ’73 M.A., ’76 Ph.D. while both were on the faculty of Boston University. Kortum, now the James ...

Grenoble École de Management (GEM) provides funding as a founding partner of The Conversation FR. Because the economic and eventually political impact of such a trade war will in the medium term be ...