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Nat Dyer, "Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray" (Bristol UP, 2024)

New Books in Sociology

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Comparative Advantage: Theory and Reality

This chapter explores David Ricardo's theory of comparative advantage, illustrating its implications through historical trade scenarios and emphasizing the impact of colonialism. It critiques the simplistic assumptions about globalization and discusses the socio-economic consequences for local economies and policy decisions in the contemporary context.

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