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wasoxygen  ·  2889 days ago  ·  link  ·    ·  parent  ·  post: UNNECESSARIAT

    Bangladesh, though it is at an absolute disadvantage compared with the United States in almost everything, has a comparative advantage in clothing production. This means that both the United States and Bangladesh are able to consume more because they specialize in producing different things, with Bangladesh supplying our clothing and the United States supplying Bangladesh with more sophisticated goods.

—Paul Krugman, Economics (High School Version), p. 37

But I know you’re not really questioning the truth of comparative advantage; you tipped your hand by forbidding reductio — it’s a classical Greek rhetorical technique, and we Americans don’t need no foreign rhetoric! I get it.