Specialization and trade are the key to economic prosperity argues Arnold Kling in an important new book, Specialization and Trade: A Re-Introduction to Economics. Kling has important insights about ...

In the last lecture, we discussed three of four kinds of behavior that can be called economic behavior: production, consumption and exchange. We'll turn our attention to the fourth -- specialization.

James Shulman is president of ARTstor, a nonprofit digital library for education and scholarship. He is the co-author of "The Game of Life: College Sports and Educational Values." November 29, 2010 ...

A vast body of literature recognizes that economic integration brings asymmetric benefits for the actors carrying out the process. Regional integration agreements influence the level of industrial ...

In spite of a common human inclination to see problems all around us, there has never been a better time to be a citizen of our country or of the world. Thanks to economic growth and global markets, ...

This is a preview. Log in through your library . Abstract By analyzing the development of specialization in the Swedish fabricated metal product industry in the 1960's, this paper contributes to the ...

Rotemberg, Julio J., and G. Saloner. "Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade." Regional Science and Urban Economics 30, no. 4 (July 2000): ...

About the author: Bjorn Lomborg is president of the Copenhagen Consensus, a visiting fellow at Stanford University’s Hoover Institution, and author of Best Things First. As tariffs rock consumer and ...