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 ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

It’s very rare that one feels bold enough to disagree with Professor Diedre McCloskey on economics (or history or English or anything else she chooses to master or simply take an interest in, which ...

In their October 14 Wall Street Journal op-ed, former House Speaker Paul Ryan and economist Kyle Pomerleau revived the ...

This is a preview. Log in through your library . Abstract Most of the literature on international trade under uncertainty has focused on technological uncertainty. The present paper, in contrast, ...

This is a preview. Log in through your library . Abstract The most efficient labour market mechanism depends on the advantages of specialization, workers' costs of switching between entrepreneurs, and ...

I think we will all happily take, as a sterling standard of impossibility, the idea of my ever winning a Nobel in anything. Even the Peace Prize which has been offered to some pretty odd people over ...

Fresh out of graduate school, economist Samuel Kortum ’92 Ph.D. began collaborating with Jonathan Eaton ’73 M.A., ’76 Ph.D. while both were on the faculty of Boston University. Kortum, now the James ...