Goldmoney Head of Research, Alasdair Macleod sheds light on the law of comparative advantage. In this short video, I want to explain why it is a mistake to think that foreign trade might be unfair. We ...

Thanks to oil prices that have reached record levels, proponents of increased exploration in the United States have gained an upper hand in the debate over whether to drill in previously untapped ...

Log-in to bookmark & organize content - it's free! British Conservative Party member Owen Paterson delivered remarks on the state of negotiations for the U.K.'s exit from the European Union (also ...

Economist Robert Higgs writes thoughtfully on “The Delusion of a Win-Win Trade War” for the Independent Institute, here’s a condensed version: It is no surprise that President Trump’s trade war has ...

A comparative advantage means having the lowest cost of producing a product. Numerous factors contribute to comparative advantage. Having a comparative advantage allows a company to lower prices on ...

If David Ricardo had lived beyond the age of 51, how might he have delivered a lecture on comparative advantage? I argue that Ricardo infers the direction of comparative advantage and the size of the ...

have often been asked whether my academic background in economics serves me well in carrying out my presidential duties at Chapman University. My knowledge of economics has been instrumental in how I ...

Log-in to bookmark & organize content - it's free! Stephen Moore, longtime economic adviser to President Trump and visiting fellow at the Heritage Foundation, discusses the benefits of trade and the ...