…of comparative advantage and the Stolper-Samuelson Theorem. It does require us to figure out a political solution to the problems faced by the losers, which as we can see in…

…country internationally, the United States is necessarily a capital abundant country. As a comparatively low population density country, it is land abundant but labor scarce. The answer is to our…

…between the US and the EU growth rates, divided by the EU growth rate; that’s “Change difference percent” in the last row above). This is a useful comparative, but it…

…theme,” then “public sector, taxation, and market regulation,” then “taxation,” then “revenue statistics – OECD member countries,” then “comparative tables”) 21.2% was central government revenue, i.e. excluding subnational government and…

…by saving, he’s in a pickle, cause it’s all about flows. (And no: “comparative-static” methods don’t solve the conceptual confusion; they arguably only contribute to it because they impart the…

…every weekday. By comparison, here are the number of votes cast yesterday in Republican primaries/caucuses: Clearly, we need a smaller comparative to make the turnout appear more impressive. So let’s…

…party of prosperity, of individual opportunity, and of economic freedom. The historical and comparative evidence shows it in spades, and there’s very coherent and convincing theory to explain why. That’s…

…the accumulation of wealth will be faster for those with a comparative advantage at creating goods and services other people want to buy. (I’m ignoring this effect, which is easy…

…jobs during the recession, if past was prologue then we would have to wait for aggregate hours to regain their lost comparative ground before job growth would match the growth…

…we really are. That happened this week. On Wednesday, Unicef published a report entitled “An overview of child well-being in rich countries.” It brings together comparative research on the material,…