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Comparative Advantage

Business

Allocating public resources to where they do most good

24th February 2020 Emile Woolf 2492 Comments

If government has a duty to protect the lives, property and civil liberties of its subjects, ours is currently guilty of failing to display any meaningful police presence on our streets – beyond speeding yellow [more…]

18th Century

Are the aims of nationalism and protectionism the same?

18th November 2019 Emile Woolf 2005 Comments

The ideology of “nationalism” is characterised by the unstinting promotion of a particular nation’s interests, possibly regardless of detriment caused to the interests of other nations. Nationalism may therefore be considered a form of patriotism, [more…]

Economics

Understanding economics needs a solid base

28th October 2019 Emile Woolf 5148 Comments

Economics is a set of principles that explain how our various needs and wants may be satisfied. The Greek origin of the word “economics” can be roughly, but aptly, translated as “good housekeeping”, and any [more…]

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Elsewhere on GP

  • 50 years since the closure of the “gold window”

    20th September 2021 3512 Comments
    What happened and why This year marked the 50th anniversary of President Nixon’s decision to unilaterally close the “gold window”. The impact of this move can hardly be overstated. It triggered a tectonic shift of momentous [more...]
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    As with all large projects or major goals, in life or work, things can seem too big to be achievable. The usual advice is to break it all down into manageable ‘chunks’ – and that [more...]
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    The Sexes No clearer cultural Anglo French divide is quite so evident than demonstrated in the womenfolk of both countries. At the end of the second Napoleonic war Brit women descended on Paris to search [more...]
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