Economists have understood since the Victorian era that…

The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods…

— David Autor

We can cooperate more easily with those who more easily intelligible to us, who are more familiar to us. But the advantages of specialization…

— David Wong

In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence…

— Stephan Kinsella

Reengineering posits a radical new principle: that the design of work must be based not on hierarchical management and the specialization of labor but…

— Michael Martin Hammer

“Components are how people solve problems above a modest scale; it’s one thing that separates us from chimpanzees. We invented a way of solving…

— Brad Cox

Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe…

— Joseph Stiglitz

Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics…

— Eliezer Yudkowsky

Thousands of important and intelligent men have never been able to grasp the principle of comparative advantage or believe it even after it was…

— Paul Samuelson

We need to move from comparative advantage to perpetual advantage...

— Max McKeown

Firms gain comparative advantage from how good their people are. Retaining and attracting talent is a key point of competitive advantage in the global…

— Scott Morrison

The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a skill which…

— Kenneth E. Boulding

Every great political campaign rewrites the rules; devising a new way to win is what gives campaigns a comparative advantage against their foes.

— John Podhoretz

In the quest for comparative advantage, investment will flow towards those countries that can offer more output for fewer emissions. Inaction will cost jobs.…

— Julia Gillard

United States has comparative advantage in military force. It tends to react to anything at first with military force, that's what it's good at.…

— Noam Chomsky

The fact that global savers accommodate U.S. consumers by keeping U.S. interest rates lower than they otherwise would be and the dollar stronger than…

— John H. Makin