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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (18221)3/6/2004 7:33:36 PM
From: Lizzie TudorRead Replies (1) of 306849
 
hey- there's a great economics debate regarding free trade on the c-span site. Professor Gomry (?) of Sloan (president) and another world bank economist from U of Maryland. They both are dismissing classic comparative advantage, this is a democratic session so Mankiw's views are not presented deliberately most likely. The world bank economist is verbose and dull at the beginning but towards the end makes a great point about how the current environment is capital pursuing absolute advantage (which may or may not benefit both parties) vs. comparative advantage.

Its 1:15 into the media file, "senate democratic policy committee meeting on outsourcing"- very interesting for anybody interested in this topic.
c-span.org
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