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Line 229: − |- − |[[comparative advantage]] − |1815<ref>http://www-personal.umich.edu/~alandear/glossary/orig.html</ref> − |developed by the classical economist [[David Ricardo]], this reflects the insight that each country should "do what it does best" in deciding which goods to produce
Essay:Best New Conservative Words (view source)
Revision as of 21:57, August 2, 2010
, 21:57, August 2, 2010deleted "competitive advantage" from list; a talk by Ian Fletcher was critical of the concept, which is misused to justify free trade; efficient capital markets eliminat compet. advant.
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|1800s
|1800s
|81
|80
|1820s - political transition and conflict
|1820s - political transition and conflict
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|1947
|1947
|recognition that communist nations were at war with American freedom even in the absence of actual military conflict
|recognition that communist nations were at war with American freedom even in the absence of actual military conflict
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|competitive
|competitive