Here is an excerpt from last week’s EconTalk with Arnold Kling–Arnold summarizing what he means by “patterns of sustainable specialization and trade” and the relationship to comparative advantage.
[podcast]http://cafehayek.com/site/wp-content/uploads/2011/02/EconTalkDemoKling.mp3[/podcast]
The entire podcast is here.
Coming tomorrow morning to EconTalk–Cowen on The Great Stagnation.
