David Autor Quotes
Most Famous David Autor Quotes of All Time!
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Economists have understood since the Victorian era that the main benefits of trade come from comparative advantage: the idea that people can specialize in what they're good at and then benefit from exchange. The principle is no more mysterious than specialization in the labor market.
There's a reason I write articles and go out for good dinners: because I'm better at research than cooking. And there are people who are much better at cooking than research, so it's mutually beneficial for us to specialize.
The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.
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Today's Quote
It's not that hard to be good, you can be good off raw talent. But I feel like it's that...
Quote Of The DayToday's Shayari
हुनर तो बस अश्क़ों का है वक़्त की बेवफ़ाई को भी...
रूह के पटल पर उतार देते हैं...!!
Today's Joke
संता बाइक से जा रहा था ,
उसकी बाइक से BMW को थोड़ी खरोंच लग गयी ,
BMW से 4...
Today's Prayer
Every mountain against my money miracle today, I terminate you from your root permanently in the powerful name of Jesus.
Prayer Of The Day