By Rosemarie Emanuele. The classical economists who originally brought us many of the ideas that have evolved into the subject known as “Economics” proposed that each country (or person in a country) should choose to work at those things that they are best at. They called this a idea “comparative advantage.” I found myself thinking of this recently as I began preparations for the start of a new semester. Read more...
11 janvier 2015
Comparative Advantage in Our Tiny Department
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