3 ms·
This wikipedia article is a lot more biased than the french version. Here, it’s clearly anti-protectionism by defending the age-old myth of "comparative advanta
by Buetol 8y ago
This wikipedia article is a lot more biased than the french version. Here, it’s clearly anti-protectionism by defending the age-old myth of "comparative advantage".
- et2o 8y agoComparative advantage is the fundamental principal of economics. It is not a myth.
- aoeusnth1 8y agoWait, I didn't realize the basic principal of comparative advantage was in doubt. I'm a bit confused by your worldview - do you think that every person should produce exactly what only they need and never trade with others? What is the purpose of trade between individuals or groups?
- Buetol 8y agoExcept if the others countries are flooding yours with cheap goods to destroy your industry and economy. Like I've said, the french version put at least some criticism on this neoclassical point-of-view of the perfect market: https://fr.wikipedia.org/wiki/Avantage_comparatif#Objections_au_principe_de_l%E2%80%99avantage_comparatif https://fr.wikipedia.org/wiki/Avantage_comparatif#Objections...