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
Geniuses come in many shapes and colors, and they often run in packs. If you can find one, it may...
Quote Of The DayToday's Shayari
हर रोज गिरकर भी मुक्कमल खड़े हैं...
ए जिंदगी देख, मेरे हौसले तुझसे भी बड़े हैं...
Today's Joke
एक छात्र ने गणित के अध्यापक से कहा-
सर! अंग्रेजी के अध्यापक तो अंग्रेजी में बातें करते हैं। आप भी...
Today's Status
Every day is a fresh new start… So just paint the canvas of your life with beautiful days and delightful...
Status Of The DayToday's Prayer
God bless you for your presence in my life. May you be replenished with everything you have lost in putting...
Prayer Of The Day