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Comparative Advantage

Business

Allocating public resources to where they do most good

24th February 2020 Emile Woolf 2488 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 2004 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 5146 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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