World Review of Political Economy, Vol. 15, No. 3 (Fall 2024), pp. 338-373 (36 pages) According to the general consensus in academia, Ricardo’s theory of international trade embodies the theory of ...

Martin Richardson does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.

Graham Lawton asks why we are often misguided, and begins by explaining that international trade is a win-win game because of comparative advantage (16 December 2017, p 28). He explains this in terms ...

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 ...

The Sen Commission's pioneering attempt to estimate the comparative inter-State advantages in growing sugarcane as compared to other competing crops could be improved upon. If the crops which are ...