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It is very easy to make a (mathematically) neat model of division of labour, which generalises to a model of comparative advantage, if you assume full employment. But a model that incorporates unemployment is a harder nut to crack.

Bush is a symptom, not the disease.
by Carrie (migeru at eurotrib dot com) on Mon May 14th, 2007 at 05:51:28 PM EST
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