In response to Murphy’s recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo.
In this episode, Murphy clarifies what is right and wrong in Meoqui’s own paper on the topic.
- Jorge Morales Meoqui’s Article on Comparative Advantage: Mises.org/HAP471a
- The Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471b
- Bob’s Article, “The Beauty and Importance of Comparative Advantage”: Mises.org/HAP471c
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
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