Short answer: comparative advantage is a plausible candidate.
A person does not really read Voltaire’s Philosophical Dictionary (1764)–or at least I don’t –but instead surfs through it from time to time, trying to hit some of the high spots. Here are a couple of comments for reflection on a summer’s day, from the 1901 translation by William Fleming.
Back in 1974, in the aftermath of the OPEC oil embargo, the National Maximum Speed Law was passed by Congress and signed into law by President Richard Nixon.
Central banks have become the dominating force in financial markets.
Local councils and charities are being urged to apply for a share of £9.5 million in new UK Government funding to boost grassroots efforts tackling digital exclusion and help more people across the country get online.
The UK jobs market declined by 5.8% to 718,000 vacancies between May and July, according to the Office for National Statistics (ONS), reflecting the ongoing economic slowdown.