The common perception is that businesses set prices at a level that always earns them…
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As the Federal Reserve engineers one financial bubble after another, we are reminded that the…
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As the Federal Reserve engineers one financial bubble after another, we are reminded that the…
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Contrary to anti-freedom myths, “greedy” business owners don’t decide what prices will be for goods…
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Opponents of President Biden‘s immigration policies have resorted to suing the Environmental Protection Agency to…
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Anthony Blinken‘s term as US Secretary of State will be ending, although not soon enough.
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World News
Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?
In this episode, Murphy clarifies what is right and wrong on comparative advantage.