[Destro]

Ricardo's comparative advantage was concieved in the era and was about plantation cash crop economies of several centuries ago. Since England could not grow cotton but the American South could, etc. England still had to have something of value that she could create in order to trade for the cotton. In this modern era what will be America's comparative advantage? India and China are producing more and better educated techs then we are - and hungry ones too. Please someone tell me what will Americans do in the future that the Chinese and Indians will not learn to do also?

[GraniteStateConservative]

The way it has to work is for the US to create some new grand idea and make the products for it and then create a next new grand idea immediately thereafter. We have to hit homerun after homerun. The law of averages catches up to us, though, and we have a drought. I think we will come up with the next big thing, but I don't know when. I'll say, though, that Japan is doing amazing work on robots and I hope that somehow robots aren't the next big thing.