Icelandic Alþing Elections (with update) | 79 comments (79 topical, editorial, 0 hidden)

Re: What says Wikipedia on comparative advantage? (4.00 / 2)

Oh, by the way, I have been raking my brain trying to come up with a model of trade with capital movements and unemployment. Trouble is, it's hard to reduce it to nice little 2D diagrams like these

I would need at least 4D, it seems, so I can't visualise the model in my head. And I don't want to write down any equations until I know the answer (in which case I don't need equations since I'd be writing a diary for ET, not a paper for publication).

Bush is a symptom, not the disease.

by Carrie (migeru at eurotrib dot com) on Sun May 13th, 2007 at 08:27:31 AM EST
[ Parent ]

Re: What says Wikipedia on comparative advantage? (none / 0)

I usually try to get around the problem of 4D by doing it in 3D-parts, holding one variable constant. Not as good as being able to visualise 4D, but better then nothing.

For us mathematically inclined: do include the equations anyway, maybe in a addendum or such.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Sun May 13th, 2007 at 09:53:25 AM EST
[ Parent ]

Re: What says Wikipedia on comparative advantage? (none / 1)

I think ET should spin off a semi-anonymous think tank and put some papers together for formal publication - a kind of Bourbaki, but for economics.

As long as the ideas are outside of the Academic Citadel they won't have much influence on mainstream economic dogma. Crashing those gates can only do some good, and also provides academic air cover in less formal situations when someone needs to quote an anti-establishment talking point.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun May 13th, 2007 at 11:18:03 AM EST
[ Parent ]

Icelandic Alþing Elections (with update) | 79 comments (79 topical, 0 editorial, 0 hidden)

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