Discover how globalization enhances comparative advantage, driving economic efficiency in both developed and developing ...

(MENAFN- The Conversation) For the best part of two centuries, the principle of“comparative advantage” has been a foundation stone of economists' understanding of international trade, both of why it ...

Governor Nyesom Ezenwo Wike of Rivers State has once again raised the ante of national consciousness of how to grow and sustain the country’s economy, with his very unequivocal advocacy for states to ...

The great mathematician Stanislaw Ulam challenged the great economist Paul Samuelson to name a principle in the social sciences that was both true and nonobvious. Samuelson thought for a bit, then ...

Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Michael Pettis is a Beijing-based associate of the Carnegie Endowment for International Peace. In a New York Times ...

SADLY, the article is behind The Atlantic's paywall, but Clive Crook's essay on the the puzzle of why scepticism about free trade seems to be waxing despite the fact that there is no new theory or ...

Jonathan West says that his hand was all but shaking when he came to write his essay. It wasn't an all-revealing memoir or confession, but something just as outlandish, at least for political leaders ...

Students who take Economics 101 usually hear a story about international trade. It goes like this: "There's a guy in the state of Michoacán, Mexico, who is really good at growing avocados. There's ...

Emily Oster, an enormously inventive thinker, has a terrific article in Slate on how families should approach assigning various household tasks. Her basic insight is that we should draw on the ...