Wonderful! Thanks!

VG

Il giorno dom 20 set 2026 alle 12:54 steven colatrella via groups.io
<[email protected]> ha scritto:

> Exactly what I taught my students for decades:
> .Just think of Ricardo's theory of comparative advantage in international
> trade:
>
> Portugal should sell wine to Britain for income to buy British industrial
> products,  Britain should make steel.
>
> Except when you make wine you can sell wine to Britain.  When you make
> steel, you can not only build things that make you more money than wine
> does, you can build the largest fleet in the world to dominate world
> commerce, attack other countries, and rule the world. But yeah, a pound
> made selling wine is the same as a pound made making steel. Sure.
> _._,_._,_
>
>


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