Friends, How exactly do neoclassicals say that a nation discovers the outputs in which it has comparative advantage? Trial and error? In a world of unequal power, with a history of colonialism and imperialism, what possible meaning coud the term even have?
Stiglitz says that globalization has been driven in part by the elimination of "artificial" barriers to international movements of goods, services, money, and people. What makes whatever these barriers are "artificial?" Isn't the "market" just as artificial?" Michael Yates
