The best thing I've learned about economics recently is that David Ricardo was not actually in favor of free trade.
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Replying to @matthewstoller
He only supported free trade under the specific condition that capital could not move across borders.
2 replies 32 retweets 33 likes -
Replying to @matthewstoller
Otherwise he noted comparative advantage did not work.
@iwelsh told me that. Then I read Ricardo, and sure enough, it's right there.4 replies 21 retweets 25 likes -
Replying to @matthewstoller @iwelsh
As a discipline, economics is strikingly uninterested in its own history, so this sort of stuff often gets lost.
4 replies 3 retweets 8 likes -
Replying to @HeerJeet
@CFCamerer@matthewstoller@iwelsh Caring more about the science than about the scientist is the sign of a progressive discipline.2 replies 1 retweet 0 likes
Replying to @ToreEllingsen1 @CFCamerer and
Nope. Unwillingness to engage with history of discipline forecloses questions.
9:08 AM - 1 Jul 2016
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