HistoPol on Nostr: npub1g0tuf…3tvm4 #Brexit This was so foreseeable. Alas, I cannot link back to my ...
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4)
#Brexit
This was so foreseeable. Alas, I cannot link back to my #DeadBirdSite posts of that period anymore.
Just 3 points:
1) David #Ricardo's #ComparativeAdvantage* (and his successors like Gottfried #Haberler or Y. #Shiozawa) might have shown that a nation is always better off trading internationally, in particular with its neighboring countries, due to lower transport costs.
2) Just looking at the development of EEC/EU countries since WWII and...
*
https://en.m.wikipedia.org/wiki/Comparative_advantage
#Brexit
This was so foreseeable. Alas, I cannot link back to my #DeadBirdSite posts of that period anymore.
Just 3 points:
1) David #Ricardo's #ComparativeAdvantage* (and his successors like Gottfried #Haberler or Y. #Shiozawa) might have shown that a nation is always better off trading internationally, in particular with its neighboring countries, due to lower transport costs.
2) Just looking at the development of EEC/EU countries since WWII and...
*
https://en.m.wikipedia.org/wiki/Comparative_advantage