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Icelandic Alþing Elections (with update) | 79 comments (79 topical, editorial, 0 hidden)
Re: What says Wikipedia on comparative advantage? (none / 1)
I think it is unavoidable, because if you are using division of labour to generalize towards comparative advantage, then you are basically describing interactions between (at least two [wool? wine?] different "employments." In that case at minimum, unemployment is another (third) "employment" kind that needs another variable to represent it.
by Metatone (metatone [a|t] gmail (dot) com) on Tue May 15th, 2007 at 05:50:37 AM EST
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Icelandic Alþing Elections (with update) | 79 comments (79 topical, 0 editorial, 0 hidden)
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