Even Ricardo's most famous accomplishment, the law of comparative advantage in foreign trade, is incomplete, though not wrong. (Kenneth Arrow)

Even Ricardo's most famous accomplishment, the law of comparative advantage in foreign trade, is incomplete, though not wrong.

Kenneth Arrow

Related topics

advantage comparative foreign law trade wrong

Related quotes

If you never look just wrong to your contemporaries you will never look just right to posterity - every writer has to try to be, to some extent, sometimes, a law unto himself. View quote
Randall Jarrell
It is wrong not to give a hand to the fallen; this law is universal to the whole human race. View quote
Seneca the Elder
Injustice in this world is not something comparative; the wrong is deep, clear, and absolute in each private fate. View quote
George Santayana
Open the book of universal history at what period we may, it is always the India trade which is the cause of internal industry and foreign negotiation. View quote
William Winwood Reade
I wasn't built to look the other way because the law demanded it. The law might be wrong. View quote
Joe Biden