Viewing profile — TheBlack_knight

Those look good just glancing over them. To move beyond simple comparative advantage (if you're interested) I would recommend looking into the Heckscher-Ohlin theorem as well. It e…

Economic expansion is not a zero sum game. If China and India are training future engineers and scientist then great for them. We can hope to learn from them in the future and use …

That's a relavent point. High marginal tax rates would create the incentive for people in the higher taxed brakets to seek non-pecuniary benefits. Things like company cars and free…

The workers who designed and built the machines are skilled. Inefficient jobs are replaced with with new jobs not necessarily in the same industry.

Manufacturing is not necessarily low skilled. Look to Germany for example, which is a heavy manufacture that uses very advanced factories, some even completely automated. I have no…

The problem is not a BOP deficit, the problem is how we are financing the import of cheap goods from China, and that is in fact cheap money from China. We are currently caught in a…

I think you missed the second page of pics.

I resist the comparisons between accent Rome and our current culture, but sometimes the insights are intuitive. … Already long ago, from when we sold our vote to no man, the People…