The Law of Comparative Advantage was discovered by David Ricardo about 200 years ago, before there were rockets.

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Free trade is built on the law of comparative advantage: everyone benefits when everyone can offer what they do best and most efficiently.

FORBES: Can China Lead The Development Of The Shared Value Economy?

Just as MarketMind says the law of comparative advantage has never been so appropriate, so I say that mass union disruption is a practice that will cost, not save jobs.

FORBES: Labor Pains

The shared value economy is shifting us away from only thinking about assets, capital and traded goods to repositioning capitalism for what the law of comparative advantage originally intended: The holistic betterment of society.

FORBES: Can China Lead The Development Of The Shared Value Economy?

The more transparent an economy becomes, the more David Ricardo's 19th-century law of comparative advantage rules the day.

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O'Rourke's explanation of "Ricardo's Law of Comparative Advantage" -- using the thrillers of John Grisham and songs ("noise") of Courtney Love -- is a classic.

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