Oil And Fuel Price Summary, And Musing On Comparative Advantage

2 Comments / Economics, Energy markets, Environmental policy / By

Lynne Kiesling One of the beautiful and often-overlooked things about human action and exchange is not just comparative advantage. It’s the dynamic changes in comparative advantage as the environment changes. What you do relatively well (and relatively less badly, to really trigger the comparative advantage concept) changes over time, as you change, adapting to the …

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