• Was Ricardo's Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

  • Oct 26 2024
  • Length: Less than 1 minute
  • Podcast

Was Ricardo's Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

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  • Summary

  • In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic.

    • Jorge Morales Meoqui's Article on Comparative Advantage: Mises.org/HAP471a
    • The Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471b
    • Bob's Article, "The Beauty and Importance of Comparative Advantage": Mises.org/HAP471c

    The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
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