Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.
The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.
More than the disease itself, ebola’s GDP impact from aversion behavior is rippling through West Africa domestically and in international trade.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
