Tag Archives: david ricardo

That trading thing people do

Canadian economist Nick Rowe made a comment on a blog post on comparative advantage that bugged me: The way I teach it, all gains from trade come either from differences between people, like comparative advantage, or else from economies of scale. So I think gains from trade is not more basic than comparative advantage. Gains […]

‘Throw the Jew down the Well’

You know, sometimes that awful joke in Borat was true. Which means, ahem, that it isn’t funny any more. The remains of 17 bodies found at the bottom of a medieval well in England could have been victims of persecution, new evidence has suggested. The most likely explanation is that those down the well were […]

On concern trolling

A fair few times in the last month, both Legal Eagle and I have been accused of ‘concern trolling’. LE has copped it more than me, but since my post on ‘local food’, I’ve been written off as a ‘libertarian concern troll’. I’d always had a vague notion that it concerned hiding one’s real political […]