2 ms·
The article is interesting, but I found this short statement much more persuasive: "Economist James K. Galbraith disputes these claims of the benefit of compara
by deogeo 8y ago
The article is interesting, but I found this short statement much more persuasive: "Economist James K. Galbraith disputes these claims of the benefit of comparative advantage. He states that "[...] none of the world's most successful trading regions, including Japan, Korea, Taiwan, and now mainland China, reached their current status by adopting neoliberal trading rules."", from https://en.wikipedia.org/wiki/Comparative_advantage#Criticism https://en.wikipedia.org/wiki/Comparative_advantage#Criticis...