FREE TRADE and RICARDO’s COMPARATIVE ADVANTAGE

Please see the basic, hopefully educational video by David Dixon Lentz (or, as he prefers just David Lentz) above. It is intended to accurately convey information and/or theories which, we believe are either readily accepted as being valid by accredited colleges and universities and/or have an objective rational basis that justifies further investigation by those Read More …

Free Trade, Protectionism and Jobs

What is all this talk about backing out of trade deals? Are trade deals and free trade good or bad? What about long term trade deficits? Will they ultimately destroy the US Economy? Does free trade contribute to a widening wage and wealth gap? Who is the World Trade Organization and is it ultimately beneficial Read More …

IS FREE TRADE A GOOD THING?

The genesis of free trade theory in many ways starts with the man many consider to be the Father of Capitalism, Adam Smith.  He addressed the issue several hundred years ago in his famous book “The Wealth of Nations”.  There he showed how two countries specializing in producing and trading goods in which they have Read More …

Current Issues and Rao’s Solution: A Defense

Recently I received some insightful comments on my novel, Rao’s Solution.   I always appreciate well-intended objective comments on my work. I thought I would  share parts of my response because it really goes to the whole purpose of the book. [As you will see I didn’t pay close attention to the rules of punctuation.] *** Read More …