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Ricardo's Difficult Idea
A colleague reminds me of this wonderful (1996-pre political commentator) essay by Paul Krugman, Ricardo's Difficult Idea, explaining why some otherwise intelligent people find the idea of comparative advantage so difficult to understand.
Posted by Alex Tabarrok on January 9, 2004 at 01:22 PM in Economics | Permalink
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» Krugman on Ricardo from The Ventilator
Alex Tabarrok reminded me again why I liked the old Paul Krugman by linking to one of his mid-1990s essays, this time on why the concept of comparative advantage is so difficult. [Read More]
Tracked on Jan 9, 2004 2:53:40 PM
» Ricardo's Difficult Idea Eludes Wonks from EconLog
Alex Tabarrok has a timely post that links to another Paul Krugman classic on the gulf between economists and noneconomists [Read More]
Tracked on Jan 13, 2004 5:30:09 PM
