patrick.net

RWSGFY says

And no US Steel production due to slave labor and no enviro laws mean the US is utterly dependent on rivals like big producer China for basic national defense needs.

Ricardo never gave a single instance or example of a high value added mfg good being good to outsource. ALL of his examples were raw resources like wool and grapes that are soil and climate dependent.

AmericanKulak says

Ricardo never gave a single instance or example of a high value added mfg good being good to outsource. ALL of his examples were raw resources like wool and grapes that are soil and climate dependent.

Ricardo AND Adam Smith made it clear that comparative advantage can not happen when capital and/or labor is mobile across borders. What we have in that case instead is absolute advantage.

Patrick says

Yep - my golf game proves this: in the last 20 rounds I scored from 95 to 81.

rocketjoe79 says

Yep - my golf game proves this: in the last 20 rounds I scored from 95 to 81.

9 holes?

https://x.com/ThomasSowell/status/1965429992382210508

Thomas Sowell answers questions on social justice in education.