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To: Ernest_at_the_Beach
...and believes in the thinking of David Ricardo and Adam Smith about comparative advantage and free trade maximizing consumer wealth...

Actually, Adam Smith promoted absolute advantage; Ricardo was comparative advantage.

2 posted on 08/13/2005 5:00:28 PM PDT by DeeOhGee (Quando Omni Flunkus Moritati)
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To: DeeOhGee

I am not going to register with the NYT but the differences between the US and developing nations in Asia is not exactly news. I wonder if the article goes on to explain how the different economic outlooks are absolutely mutually exclusive?


3 posted on 08/13/2005 5:46:18 PM PDT by BlackKat
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