Ideas of India cover image

Doug Irwin on the History and Political Economy of Trade Policy

Ideas of India

00:00

Revisiting Trade Theories: Adam Smith vs. David Ricardo

The chapter critically analyzes Adam Smith's perspective on trade, emphasizing the broader historical context compared to Ricardo's comparative advantage theory. It explores the nuanced differences in their approaches and discusses the applicability of both theories in contemporary trade dynamics.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app