Announce protest actions, general chit chat or give your opinion on issues we haven’t covered for the day.
The Editor doesn’t moderate this blog, 3 volunteers do, they are very lenient to provide you a free speech space but if it’s just deranged abuse or putting words in bloggers mouths to have a pointless argument, we don’t bother publishing.
All in all, TDB gives punters a very, very, very wide space to comment in but we won’t bother with out right lies or gleeful malice. We leave that to the Herald comment section.
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Surprise – natural outcome of neoliberal freemarkets. What do we need economists for – average Joe with a grasp of money flow, business methods, trading factors eg artificial supply control and demand massage (diamonds), and balanced taxation could have foreseen.
https://www.rnz.co.nz/news/national/533268/auckland-business-owners-devastated-by-96-day-rail-shutdown
David Ricardo’s Theory of Comparative Advantage suggests that countries should specialize in producing goods and services they are relatively more efficient in and then engage in trade with other countries. The concept is based on three elements: specialization, trade, and gains from trade.
Explain David Ricardo’s Theory of Comparative Advantage … vaia.com
https://www.vaia.com › … › Economics › Chapter 25
It seems that lower wages were a large part of the story. Just the thing that a colonial affected country would find enticing.
Comparative advantage and the labor theory of value
Munich Personal RePEc Archive
https://mpra.ub.uni-muenchen.de › MPRA_paper_… PDF
2 Āpe 2013 — Before Ricardo’s two innovative propositions many political economists believed that all commodities would necessarily tend to be produced …
Comparative advantage and the labor theory of value Jorge Morales Meoqui1 AbstractWith the famous numerical example of chapter 7 of the Principles David Ricardo intended to illustrate first and foremost the new proposition that his labor theory of value does not regulate the price of international transactions when the factors of production are immobile between countries. Unfortunately, later scholars have often omitted this proposition when referring to Ricardo’s numerical example. Instead, they have highlighted only the comparative-advantage proposition, although Ricardo considered it as a corollary of the omitted proposition, and therefore inextricably linked to it. This inexplicable omission has led to an incomplete understanding of the logical construction of Ricardo’s numerical example, as well as the misinterpretation of the four numbers as unitary labor costs. With the accurate understanding of Ricardo’s numerical example and the logical relationship between the two propositions it meant to prove, it is relatively easy to refute the main objections that have been raised against the very same numerical example in the past. Moreover, it reaffirms the sustained relevance of Ricardo’s two propositions as important insights for understanding the current process of economic globalization.
Turn this discourse into Latin and chant it in church and I still wouldn’t understand – it could be Holy Scripture. The business and financial people genuflect to it any way. Any others feeling that we are in a new religious war? Not Protestant against Catholic here but ideology against the simply complex human beings that we are. It is bad and mad to fight ourselves. Can’t we get things right after thousands of years? Don’t bother to answer – it’s rhetorical.
This could be good news – cautious!
https://www.rnz.co.nz/news/business/533238/christchurch-engine-centre-to-get-250-million-expansion
Has that Tarras thing been chopped yet or are we still on 20th century plans sitting on cloud 9 where ever that is?
https://www.rnz.co.nz/news/national/532954/what-do-boys-think-about-periods
Who asked them to have an opinion? It was always a private thing – not a topic for schoolyard talk in the past. Where is the subtlety and privacy of life these days? And both genders should understand the basics about each others bodies and plumbing. And talking about the meaning of ‘lif’ and sex at intermediate as we have develop at earlier ages. Start learning how to get on with other people, how to take an interest in one’s peers, whatever sex, how to make conversation, light chat – help us get on better. Let’s do that.
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