Bonus Quotation of the Day…

by Don Boudreaux on February 11, 2019

in Trade

… is from Paul Krugman’s splendid 1996 essay “Ricardo’s Difficult Idea” – which idea, of course, is that of comparative advantage:

Ricardo’s idea is truly, madly, deeply difficult. But it is also utterly true, immensely sophisticated – and extremely relevant to the modern world.


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