To return again to that subject exercising so many of our finest economic minds at present. What happens when the robots get good enough to come and steal all our jobs? There's various possible ...

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 ...

Last week was the 200th anniversary of the most counterintuitive idea in economics. On April 18, 1817, David Ricardo published On the Principles of Political Economy and Taxation, in which Ricardo ...

Explore how comparative advantage affects trade, contrasts with absolute advantage, and guides nations in maximizing economic ...

Log-in to bookmark & organize content - it's free! British Conservative Party member Owen Paterson delivered remarks on the state of negotiations for the U.K.'s exit from the European Union (also ...

The first edition of A Concise Guide to Macroeconomics by David A. Moss was published in 2007—just as one of the world's great economic downturns was taking off. The second edition has just been ...

David Ricardo's concept of comparative advantage is an important premise in international trade theory because it explains how and why countries trade, even when one country can produce all things ...

Economists and philosophers are trying to rethink our social models. Collaborative models are being imagined as a way of hoping to live in a better society. At the heart of this question is the ...

User-Created Clip July 22, 2022 2018-09-19T22:26:05-04:00https://ximage.c-spanvideo.org ...